Bitcoin falls under $69,000, with retail traders betting on ever lower prices

Crypto liquidations crossed $1 billion over the past 24 hours, wiping out about $980 million million in bullish leveraged bets What to know : Bitcoin fell below $69,000 on Thursday morning in the U.S., extending a week-long sell-off that has mirrored broader weakness in global risk assets. More than $1 billion in crypto positions were liquidated over the past 24 hours, including about $980 million in bullish leveraged bets forced to close as prices dropped. Liquidity data show $70,000 as a key mechanical level for bitcoin, with a clean break below it risking a faster slide toward the high-$60,000 range amid thinner support and clustered liquidation points.