Bitcoin fell 5% early Thursday to $76,000, triggering more than $800 million in liquidations within 24 hours. Ethereum, XRP, and Dogecoin also dropped 5%. Coinglass records show that 166,704 traders were affected over the past 24 hours, with total liquidations reaching $837.99 million. Crypto industry expert Benjamin Cowen warned that Bitcoin could face another major sell-off in the fourth quarter as market conditions resemble the 2018 bear market.
