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Bitcoin falls below $76K, wiping out $100M in leveraged long positions amid sharp sell-off.

Market News
23 Aug 2026
Crypto Briefing
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Bearish
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Bitcoin's price dropped below $76,000, triggering forced liquidations that erased $100 million in leveraged long positions on crypto platforms. This cascade of selling intensified downward pressure, reflecting a recurring pattern where the $75K-$76K range acts as a critical support level for leveraged bulls. The volatility in 2026 has been influenced by macroeconomic factors like Treasury bond buybacks and regulatory uncertainty, making real-time tracking of liquidations crucial for anticipating future market moves.

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Seneca Foods stock up 107.5% since June 2023 on strong growth and acquisitions, still undervalued.

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LayerZero to end off-chain support for 14 low-activity chains by September, risking stranded assets.

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ABN AMRO beats Q2 expectations, hits ROE target early, and plans high shareholder returns.

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Closed-end funds show mostly positive returns with notable distribution hikes in FSCO and Gabelli funds.

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