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Bitcoin fell below $76,000 for the first time since September 16, triggering about $250 million in leveraged position liquidations
13,078 posts · 7,625 accounts · -6% vs the day before
- @space2402 reported that Bitcoin dropped below $76,000, the lowest level since September 16, and nearly $250 million in leveraged crypto positions were liquidated over four hours[22]
- @ashcrypto echoed the price break, noting Bitcoin fell below $76,000 and $160 million of longs were liquidated in 60 minutes, linking the move to expected Democratic sweeps in the US midterms[30]
- @cryptorover claimed the price decline was a bounce back, saying Bitcoin is “bouncing back up, erasing all the losses triggered by the U.S. midterm election results”[28]
- @krowncryptocave noted the October low of $76,195 and that the current morning low was $76,291, suggesting the price is hovering just above the previous low[55]
- @base58labs_ highlighted that Bitcoin options volatility is low, with puts trading about 10 vol points higher than calls ahead of the Nov 4 election expiry, indicating market focus on short‑term protection[80]
Posts cited
[22] Coin Space · @space2402 ·
💥BREAKING: Bitcoin plunges BELOW $76,000 for the first time since September 16. Nearly $250 MILLION in leveraged crypto positions have been liquidated over the past four hours as the selloff intensifies.
Open on X[28] Crypto Rover · @cryptorover ·
Bitcoin is BOUNCING BACK UP, erasing all the losses triggered by the U.S. midterm election results!
Open on X[30] Ash Crypto · @ashcrypto ·
🚨BREAKING: Bitcoin just dropped below $76,000 Ethereum falls below $2,250 $160 Million longs liquidated in just 60 mins as Democrats are expected to sweep the US Midterm Elections.
Open on X[55] Krown · @krowncryptocave ·
the october low is 76,195. this morning’s low, 76,291 novembers that never traded under the october low: 90% green, +19.3% median, the low in by day 2. the five that broke it: none green, -17.5% median, the low on day 21. the election is the noise. that line is the signal
Open on X[80] BASE58LABS · @base58labs_ ·
Voting day. BTC options price a narrow event: Nov 4-expiry puts trade ~10 vol points over calls (~55% IV, ~5% OTM). Longer-dated IV sits near record lows. The market pays for one-day protection, not a trend.
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Written by an AI model from public posts; it can be wrong. Check the sources.