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Bitcoin price dips below $75K amid $1.2 B in crypto liquidations
Bitcoin fell below $74,000 on Monday after a weekend sell‑off, briefly rebounding above $75,400 before dropping again. The 24‑hour price decline left Bitcoin near $74,500, down 1.5% and extending November losses. Over $1.2 billion in crypto positions were liquidated, including $281 million in long Bitcoin bets and $507 million in Ethereum. Leveraged Bitcoin liquidations alone exceeded $324 million. The slide occurred despite Strategy’s purchase of 1,036 BTC, bringing its holdings to 850,364 BTC.