Bitcoin has fallen below $76,000 on Nov. 5 as a cryptocurrency selloff has wiped out $954.38 million in leveraged long positions, pushing total 24-hour liquidations to $1.08 billion.
Summary
- $954.38 million in long positions were liquidated, compared with $127.30 million in shorts.
- Bitcoin fell 5.8%, while Ethereum and Solana lost 7.5% and 7.9%, respectively.
- Coinbase and Strategy dropped around 10%, with several mining stocks recording larger losses.
- Gold held gains as cryptocurrency prices and U.S. technology shares declined.
According to CoinGecko, Bitcoin fell 5.8% over the past 24 hours to $75,954, while Ethereum dropped 7.5% to $2,251 and Solana lost 7.9%…
