Bitcoin drops to two-week low as $300 million in longs are liquidated

Bitcoin fell below $67,000 and ether dropped toward $2,000 as equities weakened, oil topped $100 and leveraged longs unwound, signaling fragile sentiment. What to know : Nearly $300 million in long liquidations vs. $50 million shorts highlights crowded bullish positioning unwinding across crypto futures. Rising oil prices and Iran war fears drive risk-off mood, dragging crypto alongside Nasdaq futures now ~10% below January highs. Altcoins underperform as shorting interest builds (e.g., XRP, SHIB), while ONDO stands out with gains tied to ETF tokenization news.(Coindesk)