CryptoMedium•10 November 2026•
1 min read
Bitcoin Slips Below $74K as $360 Million in Crypto Positions Liquidated
Key Facts
1Bitcoin price slipped to $73,703 as nearly $360 million in crypto positions were liquidated over 24 hours.
Bitcoin price slipped to $73,703 as nearly $360 million in cryptocurrency positions were liquidated over a 24-hour period. According to news.bitcoin.com, the decline was driven by persistent leverage in derivatives markets, resulting in the forced closure of positions belonging to 80,898 traders.
Long positions accounted for $280.40 million of the total liquidations, compared with $75.77 million in short liquidations on November 10, 2026. Bitfinex analysts noted that the cryptocurrency is expected to remain within a range of $72,350 to $79,400, as the October Consumer Price Index report showed headline inflation rising 0.4%, exceeding market anticipations.