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Bitcoin traded as low as $59,743 on Friday, its first move under $60,000 this cycle, after a five-session fall of about $14,000. A $1.57 billion liquidation wave marked the fourth billion-dollar day in five sessions, and total crypto market value dropped to $2.23 trillion.
About $3 billion of leveraged positions was liquidated over two days as bitcoin fell 4.90% to $63,682.64. Open interest dropped 8.5% to $111.4 billion, and Solana hit its lowest price since December 2023 with 94% of its liquidations long.
Roughly $1.8 billion of leveraged positions were liquidated in 24 hours on Tuesday, closing out more than 272,000 traders, as US spot bitcoin ETFs recorded a second straight outflow above $480 million.
The past week wasn't explosive -- and that is exactly why it matters. Bitcoin didn't stage a dramatic rally, but it held firm above 75,000, building a base that analysts say could precede the next leg up.
This Bitcoin 75,000 analysis explains why the market is doing what usually raises more questions than answers -- consolidating quietly while the broader macro picture shifts.
Executive summary: Bitcoin surged 7.5% overnight, hitting a local high above 72,700. Ethereum and Solana followed with double-digit moves. Here's the breakdown of what happened and why.
In March 2026, the 20 millionth Bitcoin was mined -- leaving only 1 million BTC left to ever exist. Making a profit is a technique. Feeling the moment is an art. Here's why this milestone matters.
