Bitcoin fell to $73,500 before briefly recovering above $75,400, then slipped again. It traded near $74,500 by 12:45 p.m. EST, down 1.5% over 24 hours and extending its November losses. The source gives no full calendar date for the price moves.
Coinglass data showed $1.2 billion in cryptocurrency liquidations over the period, including $1.04 billion in long positions. Analysts warned that Democratic control of Congress could delay the Trump administration’s crypto agenda and weigh on bitcoin’s outlook; they did not describe that policy shift as certain.
