🚨 Bitcoin Falls Below $76,000 as Crypto Liquidations Surge
Bitcoin has dropped below $76,000, while Ethereum has fallen toward the $2,250 level, as cryptocurrency markets face renewed selling pressure.
The market decline comes amid uncertainty surrounding the 2026 U.S. midterm elections, with Democrats expected to make major gains in Congress.
📉 Long Positions Face Heavy Liquidations
Falling prices have triggered significant liquidations across the crypto market. One circulating market update reports that $160 million in long positions were liquidated within 60 minutes. However, this specific figure has not been independently confirmed.
Investors are closely watching election developments and their possible impact on cryptocurrency regulations.