Bitcoin below $70,000: $1.2 billion in liquidations, the 3 figures of the morning

Bitcoin fell below $70,000, triggering $1.23 billion in liquidations over 24 hours as the dollar climbed to its highest level in 19 months and sentiment shifted to extreme fear. The move marks a sharp reversal for the largest cryptocurrency, with leveraged positions across derivatives markets hit hardest by the drop. The dollar's strength adds pressure on risk assets, compounding the selloff in crypto markets. Traders are now watching whether Bitcoin can reclaim the $70,000 level and whether liquidation volumes subside, while the dollar's trajectory remains a key macro driver for digital assets.