"Bitcoin's price dropped below $75,000 today, its lowest level in nearly a year, as global crypto markets endured a sustained wave of selling triggered by broader financial stresses and shifting investor appetite. The bitcoin price has now retraced more than 40% from its all‑time highs reached in late 2025. According to Bitcoin Magazine Pro data, the one-year low for the bitcoin price is $74,747. Bitcoin is dancing near that number. Recent trading data showed Bitcoin price slipping through key technical support levels, driving forced liquidations across derivatives markets and intensifying downside price pressure."
"Over roughly the past 24 hours, around $2.56 billion in Bitcoin positions were liquidated, according to market data. This follows weeks of risk‑off sentiment across global asset classes. The downturn in cryptocurrencies has coincided with stress in other markets like precious metals, tech sell-offs, and losses in equities. The market slide has had tangible impacts on key industry participants. Galaxy Digital, a major crypto investment firm led by Michael Novogratz, reported a $482 million loss for the fourth quarter of 2025, earlier today. The firm attributed this to the decline in digital asset prices and a sharp drop in trading volumes, which fell more than 40% from the prior quarter."
"Also, Bitcoin price currently trades below $76,000, which is roughly the average price at which Strategy acquired a portion of its BTC holdings and well below the cost of many of its accumulated coins. Since Strategy owns hundreds of thousands of bitcoins at higher average purchase prices, the current market value is less than what was paid for much of its inventory, leaving a significant portion of its holdings "underwater.""
Bitcoin's price fell below $75,000, reaching a one-year low near $74,747 and retracing more than 40% from late-2025 all-time highs. Trading breached key technical support levels, prompting forced liquidations across derivatives markets and about $2.56 billion of Bitcoin positions liquidated over roughly 24 hours. The crypto sell-off coincided with broader risk-off sentiment and stress in precious metals, technology stocks, and equities. Institutional participants reported large losses: Galaxy Digital posted a $482 million fourth-quarter 2025 loss, citing lower digital-asset prices and trading volumes down more than 40%. Several firms hold large BTC inventories now trading below their purchase costs.
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