Bitcoin falls to $75,700 as AI stock rout triggers crypto liquidations
Bitcoin dropped from about $80,000 to $75,700 and Ether fell over 7% to $2,247 as an AI stock rout spread across Wall Street. Roughly $1.1 billion in leveraged positions were liquidated over 24 hours, with most of it being long positions. The piece notes these liquidations are distinct from ETF redemptions, which are tracked separately through fund flow data.
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