Bitcoin falls below $84,000 as $237 million in long positions are liquidated

  • Bitcoin fell below $84,000 and triggered $237 million in leveraged long-position liquidations within about one hour.
  • A separate market snapshot put Bitcoin at $84,148, down 2.16%, and Ether at $2,654, down 3.26%.
  • Earlier readings showed $225 million in one-hour total liquidations and $458 million in crypto futures liquidations over 24 hours.

Bitcoin fell below $84,000, triggering $237 million in leveraged long-position liquidations within about an hour, according to CoinGlass data. A separate market snapshot showed BTC at $84,148, down 2.16%, while Ether traded at $2,654, down 3.26%, amid quarterly options positioning. Bitcoin later traded between $83,900 and $85,000 on major exchanges, while total crypto-market capitalization stood at $2.91 trillion and 24-hour trading volume reached $111.09 billion. Macro developments, regulatory moves, institutional transactions and continued U.S. spot Bitcoin ETF inflows also shaped market sentiment. The liquidation reading differed from an earlier one-hour report of $225 million in total crypto-market liquidations, including $219 million in longs, and a separate 24-hour report of $458 million in forced closures.

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