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Bitcoin Falls Below $64,000 While Ethereum Loses $1,900 Level

Bitcoin fell below $64,000 and Ethereum lost the $1,900 support level as a leverage-driven crypto selloff intensified. The move triggered about $213.06 million in liquidations over 24 hours, with longs accounting for most of the forced selling. Bitcoin and Ethereum led the liquidation wave, while short-term momentum turned sharply bearish on the four-hour charts. BTC traded near $63,930 after breaking below $64,000, and ETH slid to around $1,874.82 after losing key support. The decline came amid broader risk-off pressure from rising oil prices, Middle East uncertainty, and caution ahead of U.S. inflation data. Despite strong recent spot Bitcoin ETF inflows of roughly $853.5 million last week, derivatives unwinding overwhelmed near-term support. The market now hinges on whether BTC can hold the $63,750-$63,800 area and whether ETH can reclaim $1,890-$1,900, with further downside possible if those levels fail.

Category

Bitcoin

Sentiment

Bearish

Event

Price movement

Reading time

1 min