Bitcoin price faces $297M liquidation wave – Why $70K is at risk
Open the sourceReported by AMBCrypto, ambcrypto.com, 9 November 2026, by Akashnath S
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Bitcoin’s price slump triggered roughly $297 million in liquidations, with the selloff putting the $70,000 level at risk as bearish momentum builds. The move underscores how leveraged positioning can amplify downside moves in the largest cryptocurrency. Traders are now watching whether Bitcoin can hold above $70K; a break lower could accelerate forced selling, while a defense of that level would signal stabilization.
Muhabbit's AI wrote this summary in its own words from AMBCrypto's report. It can get details wrong, so check the source.
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