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Bitcoin Crashes Below $76K Amid Nasdaq Selloff
Bitcoin dropped below $76,000 on Thursday as the Nasdaq 100 index fell by about 5%, erasing its gains since the midterm election. More than $600 million in bullish crypto bets were liquidated in four hours, including $190 million in Bitcoin. On-chain analytics firm Glassnode named the $73,000 to $76,000 range as support, and a sustained break below $73,000 would indicate a longer consolidation period.