Bitcoin Slips to $74,530 as Long Traders Face $106M Wipeout

Bitcoin trended downward on Wednesday, dropping beneath the $75,000 threshold to trade at $74,570 at the time of writing. This slide erased nearly 3% of its weekly value and dragged its market capitalization back below $1.5 trillion. Onchain Metrics Signal Fading Momentum For the second consecutive day, bitcoin trended downward, slipping below the $75,000 threshold […]