Bitcoin fell below $77,000 as $370 million in leveraged positions were liquidated in 60 minutes

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1. [25] CRYPTO G1 · @cryptocheg1 · 06:56

   NEW: 🇷🇺 Russian President Putin officially signs law regulating Bitcoin and crypto. #Crypto #Bitcoin #News #Russia

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2. [28] Adam Livingston · @adambliv · 03:57

   Today was wild. Nasdaq: -5.5% S&P 500: -4.4% Dow: -1,833 points Semiconductors: -12% Nvidia: -9% Bitcoin: -6% Over $1 BILLION in crypto liquidations. Trillions in market value evaporated. AI stocks demolished with tech valuations crushed. Bitcoin dragged into the slaughter, albeit holding up better than expected. I think the market is beginning to confront something MUCH bigger than a bad earnings season. The next decade is going to be the most economically disruptive period in modern human history. Artificial intelligence is coming for white-collar labor. Robotics is coming for blue-collar labor. Entire industries built on information asymmetry are going to watch their competitive advantages evaporate. The cost of intelligence is collapsing, and this just means the value of human labor itself is being repriced. Governments are drowning in debt, monetary systems are increasingly politicized, and nobody can tell you with confidence what the economy will look like in 2028, let alone 2035. Think about how insane that is. Your career might become obsolete, all your investments might be disrupted, and everyone who is entrepreneurial is considering if their business might lose its moat. Your government also might just decide the solution to its fiscal problems is to dilute your purchasing power. And the people telling you to prepare for the future can’t even agree on what the future looks like. Isn't that interesting? This is why I’m so extraordinarily bullish on Bitcoin. Bitcoin is a way to save for a future you cannot possibly predict. You don’t need to pick the winning AI company, or pick which industries survive automation. With Bitcoin, there is zero necessity to forecast the next technological breakthrough, predict the next election, or trust a central banker to preserve the value of your life’s work. You can own a globally transferable, politically neutral, absolutely scarce monetary asset that doesn’t depend on any company’s business model surviving the next technological revolution. Of course its market price will fluctuate. Sometimes violently. But the underlying proposition becomes more compelling as the world becomes more unpredictable. Everything is being disrupted, and the ability to preserve wealth without having to predict the winners of that disruption may become one of the most valuable things on Earth. The future is becoming impossible to predict. Bitcoin is how I intend to save for it anyway.

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3. [38] BULLBITCOIN.COM · @bullbitcoin_ · 20:15

   BULL BITCOIN is now the first Bitcoin exchange in the world to introduce Payjoin for deposits and withdrawals! Every on-chain buy and sell from BULL Wallet is now a Payjoin by default, with nothing to switch on. That’s Payjoin Trading, and it means: • Every trade consolidates your UTXOs, which can lower your future fees. • Your transactions are protected from malicious actors using chain analysis to track your financial habits. And the more people use BULL BITCOIN, the more privacy the Bitcoin network gains as a whole. That’s how we align the growth of our business with the interests of all Bitcoin users, including those who have never used our services. We’ve been working toward this since December 2024, when BULL Wallet became the first Bitcoin wallet to integrate Payjoin V2, developed in collaboration with @bitgould and the @payjoindevkit team, who have since founded the Payjoin Foundation. More info 👇

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4. [59] *Walter Bloomberg · @deitaone · 17:42

   BITCOIN PLUNGES BELOW $76,000 AS TECH SELLOFF SPARKS CRYPTO ROUT Bitcoin fell as much as 5.8% to a seven-week low, dropping below $76,000 as Wall Street's technology selloff spread to cryptocurrencies. The Nasdaq 100 plunged 6.4%, while concerns over tighter AI regulation following Democrats' midterm victory intensified risk aversion. Crypto markets are also facing pressure from the Binance hack, with investors withdrawing $1 billion from spot Bitcoin ETFs. BlackRock's IBIT accounted for roughly $900 million of those outflows.

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5. [78] The Kobeissi Letter · @kobeissiletter · 16:10

   BREAKING: Bitcoin falls below $77,000 and ETH falls below $2,300 as $370 million worth of levered positions are liquidated in 60 minutes.

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