Bitcoin RalliesBitcoin Breaks Rellie's Support? After falling below $70K, Bitcoin saw $0.6 billion worth of futures positions liquidated in the first hour.

Bitcoin's streak of ATHs above $70K has come to a halt as the cryptocurrency has fallen below $70,000. On the Binance USDT market, BTC was trading at $69,738. On major crypto exchanges, including South Korea's Upbit and Bithumb, it narrowly held the symbolic support level of KRW 100 million. At the lows, $0.6 billion in futures positions were liquidated on major exchanges in one hour, and $3.66 billion in futures positions were liquidated on a 24-hour basis.