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Bitcoin crashes below $75K, triggering broad crypto selloff and $400M liquidations.

Market News
23 May 2026
CryptoTicker
View Source
Bearish
pluang ai news

Bitcoin fell below the key $75,000 level, sparking a sharp selloff across major cryptocurrencies including Ethereum and top altcoins. This drop triggered around $400 million in liquidations of leveraged long positions, intensifying market panic. The crash is driven by geopolitical tensions, regulatory uncertainties, and rising bond yields, which are tightening liquidity and risk appetite. Bitcoin must quickly reclaim $75,000 to stabilize; otherwise, further declines could deepen the crypto market downturn in the short term.

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