Bitcoin (CRYPTO: $BTC) slipped below $75,000 Saturday as a week of ETF outflows and leveraged positioning turned into one of the sharpest liquidation waves of the month.

Bitcoin touched $74,344 in early trading, marking its lowest level in more than a month, before clawing back toward the mid-$75,000s. The drop came less than a week after BTC was trading above $80,000, and the break lower quickly spilled across the broader crypto market.

Ethereum (CRYPTO: $ETH) was trading near $2,060 after falling more than 2% over 24 hours, while Solana (CRYPTO: $SOL) was around $84 after a steeper daily decline. The pressure landed hardest in derivatives, where forced selling accelerated as long positions were cleared out.

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