Bitcoin Falls Below $64,000 as $100 Million in Crypto Liquidations Hit The Market - Tekedia

Bitcoin fell back below $64,000 after briefly recovering above $66,000, triggering about $100 million in liquidations within an hour.

The selloff forced out leveraged long positions, highlighting how derivatives can quickly amplify crypto market volatility.

Traders are now focused on the $63,000–$64,000 support zone as the next key test for BTC/USD.

Analysts are also watching moving averages and upcoming Federal Reserve policy for clues on Bitcoin’s next move.