Odaily Planet Daily reports: Coinglass data shows that liquidations in the cryptocurrency market exceeded $1.2 billion, with long positions accounting for $1.04 billion. Bitcoin briefly fell to $73,500, then rebounded to above $75,400 before declining again.

Bitcoin leveraged position liquidations exceeded $324 million, with long positions accounting for over $281 million. Ethereum liquidations exceeded $507 million. (Bitcoin.com News)