Bitcoin Falls Below $76K as $209M in Long Liquidations Hammer Traders

Bitcoin retreated to around $75,120 per coin, down 2.8% on the day and roughly 5% for the week. Coinglass recorded $577.9M in crypto liquidations, while sosovalue data showed about $36.29M leaving spot bitcoin ETFs during Friday trading. Bitcoin remained below the $76,000 resistance zone after surrendering support near $77,000, with the $80,000 area appearing farther away. Trading volume was relatively light at $31.49B, and sell-side pressure appeared dominant. Negative funding rates, failed breakouts, and deleveraging in futures markets added strain. Geopolitical tensions in the Middle East, U.S. warnings toward Iran, and shifting Federal Reserve expectations also weighed on sentiment.

"Bitcoin retreated Friday evening, falling to $75,120 per coin and marking a 2.8% decline over the course of the day. The daily decline added another bruise to what has already been a fairly miserable seven-day stretch, pushing weekly losses to roughly 5%."

"Bitcoin fell 2.8% Friday as Coinglass logged $577.9M in crypto liquidations. Sosovalue data showed $36.29M leaving spot bitcoin ETFs during Friday trading. Donald Trump warnings and Fed fears kept BTC below the $76K resistance zone."

"Bitcoin's daily structure continues to reflect a market searching for conviction following the extended retracement from its October 2025 all-time high above the $126,000 range. Bitcoin's market cap currently sits at $1.5 trillion, while Friday trading volume remained relatively light at $31.49 billion, adding to the market's instability. The volume that has emerged throughout the session appears heavily tilted toward sell-side pressure."

"Headwinds continue to build from escalating geopolitical tensions in the Middle East and warnings directed at Iran by U.S. President Donald Trump. At the same time, broader macroeconomic conditions and shifting Federal Reserve expectations remain in focus, particularly as the central bank enters a new leadership phase that many market participants believe could lean hawkish. Adding further strain, exchange-traded funds (ETFs) have recorded a series of outflows throughout the week."

Read at news.bitcoin.com