CoinGlass reported $1.05 billion in liquidations across its tracked markets over 24 hours, with long positions accounting for $930.04 million, or 88.2% of the total. Bitcoin fell to $74,780.91, its lowest intraday price since August 21, before trading back near $75,570. The decline followed a sharp selloff in artificial intelligence stocks and another wave of forced closures in derivatives markets. Bitcoin is now trading below its 50-day and 200-day exponential moving averages, while the Fear and Greed Index stands at 28 out of 100. A daily close below $74,780 could shift attention toward the $73,000 to $72,500 area, followed by the psychological $70,000 level.
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