A post by @BlockBeatsAsia on X.

Global markets came under renewed pressure as semiconductor stocks, precious metals and crypto-linked equities sold off in tandem. Bitcoin briefly broke below the $70,000 and $69,000 levels, triggering $1.036 billion in liquidations across the network over 24 hours, with more than 134,000 traders wiped out. The synchronized drawdown across risk assets underscores how tightly crypto now trades alongside tech equities and metals. Traders will watch whether BTC can reclaim the $70,000 handle and whether liquidation volumes cool, as sustained forced selling could deepen the correction.