Bitcoin Price Trades Near $76,000 as Nasdaq Tumbles into Correction
By Micah Zimmerman
AI summary of the source article
Bitcoin traded near $76,000 on Thursday, dropping over 5% as a tech-led Nasdaq correction triggered more than $1 billion in leveraged crypto liquidations.
Key facts
- Bitcoin fell over 5% to trade near $76,000 after reaching highs above $80,000.
- Roughly $1.08 billion in leveraged crypto positions were liquidated over 24 hours, including $954 million in long bets.
- The Nasdaq Composite dropped approximately 5% into correction territory, pulling crypto equities down with Coinbase and Strategy falling over 10%.
Source excerpt · Bitcoin Magazine
Bitcoin Magazine Bitcoin Price Trades Near $76,000 as Nasdaq Tumbles into Correction Bitcoin price held near $76,000 Thursday afternoon as the Nasdaq sank deeper into a correction, crypto liquidations topped $1 billion and Strategy, Coinbase and bitcoin miners sold off in double digits. This post Bitcoin Price Trades Near $76,000 as Nasdaq Tumbles into Correction first appeared on Bitcoin Magazine…