CryptoHigh

Bitcoin drops to $67,000 with $250M liquidated

Bitcoin fell to around $67,000 as roughly $250M of positions were liquidated in 10 minutes, per market news accounts. Traders describe a market with no bounce.

Bitcoin (BTC/USDT)
$67,395 +4.4% · 3 mo
$62,751$75,073$87,39617 Aug1 Oct 2614 NovThis story
Daily candles (UTC). Source: Binance.

Not yet known

  • Unconfirmed: whether Bitcoin fell to around $67,000
  • Unconfirmed: whether about $250M of positions were liquidated in 10 minutes
  • Whether Bitcoin will bounce back from the reported drop
  • Unconfirmed: whether the selloff is tied to investors buying into an Anthropic IPO

What we know

Market news accounts report Bitcoin crashed to $67,000 with $250M liquidated in 10 minutes (unconfirmed). Traders note the price breached $67k and one prominent trader says he is in disbelief at the lack of a bounce. One view holds that the selloff reflects investors selling crypto to buy into an Anthropic IPO, as happened before the SpaceX IPO.

Prediction market

Will Bitcoin dip to $55,000 by December 31, 2026?

23%chance
Related questions
Will Bitcoin dip to $45,000 by December 31, 2026?6%
Will Bitcoin dip to $50,000 by December 31, 2026?12%
Will Bitcoin reach $250,000 by December 31, 2026?<1%

Traders' bets on Polymarket, not a forecast by Global Eye 24. Polymarket · $8.0m traded · updated 03:50 UTC

What people are posting

Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.

@blockchainbum0

“Bitcoin crashes to $67,000 as $250,000,000 is liquidated”

View post →
@blknoiz06

“kinda in disbelief at just no bounce ngl”

View post →

By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.