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Bitcoin drops below $75K, triggers $100M liquidations; Ethereum likely to dip to $2,000

Market News
23 May 2026
Crypto Briefing
View Source
Bearish
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Bitcoin's price fell below $75,000, causing over $100 million in long position liquidations amid a broader crypto sell-off. This decline increases the likelihood of Ethereum dropping to $2,000 and reduces Bitcoin's chances of staying above $68,000 today. The market also shows moderate negative effects on Hyperliquid. Investors should watch for further Bitcoin movements and regulatory or institutional updates that could impact the crypto market.

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