Bad night for Bitcoin 📉

After Bitcoin ETFs shed $1.25 billion over the course of the week, Bitcoin dove below the $75K mark overnight, fueling mass liquidations.

Author

Andrew Hayward
May 23, 2026

đź“ť What you need to know

Bitcoin investors woke up to bad news Saturday, as the top coin dove under the $75,000 mark overnight for the first time in more than a month. While back above that level as of this writing, the dip to $74,344 helped fuel more than $900 million in crypto liquidations over the last day, the vast majority being long positions.

The latest leg down for Bitcoin comes following an awful week for ETF flows, with more than $1.25 billion worth of investments leaving the spot funds during that span. Will the market be back in the green by the time the holiday weekend concludes?

Bitcoin Dives Below $75K for First Time in a Month as Crypto Liquidations Near $1 Billion

Bitcoin touched its lowest price in a month overnight following an awful week for ETFs, which shed over $1.25 billion this week.

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