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Bitcoin drops below $74,000 as $1 billion in liquidations hit market
Bitcoin fell from $75,690 to $73,477 in 15 minutes late Sunday, its lowest price since August and a 9% decline over four days. The slide was attributed to Nvidia’s scandal and stalled Iran talks, which left weekend markets thin. Liquidations topped $1 billion, with about $272 million in Bitcoin futures and $448 million in Ethereum contracts, including a $48 million ETH order. Bitcoin was trading near $74,500 at press time. The Crypto Fear and Greed Index read 29, indicating fear in the market.