Bitcoin drops below $76K, wiping out $100M in long positions
Market / Price
August 23, 2026
05:31
By:
CryptoNews
The recent Bitcoin sell-off highlights the risks of high leverage in volatile markets, potentially deterring future bullish speculation. Bitcoin drops below $76K, wiping out $100M in long positions.
Disclaimer: This content is provided via CryptoNews and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.
Related news
October 14, 2026
Bitcoin is holding above US$83,000 as cryptocurrency markets stabilise following several volatile sessions, with fresh inflows into US spot Bitcoin …
October 14, 2026
Coinbase says bitcoin should start preparing for quantum computers now, with flexible addresses, a backup quantum-proof key and a separate …
October 14, 2026
Tether invests in EFY Finance to expand USDT and USAT payments across Latin America, backing a company serving 25,000 accounts …
October 14, 2026
Coinbase urges early Bitcoin quantum security preparations, proposing flexible wallet designs and a phased migration to protect BTC from future …
October 14, 2026
Coinbase's October 13 post sets out its priorities for Bitcoin's post-quantum migration, from P2MR and staged protection to the coins …