Bitcoin fell to about $73,500 shortly before Sunday’s weekly close, its lowest level since Aug. 21, then briefly recovered above $75,000. About $1.12 billion in leveraged crypto positions were liquidated in the 24 hours through 9 am UTC Monday, according to CoinGlass.
US consumer and producer price reports for October were due Tuesday and Friday, respectively. Economist Robin Brooks said a fall in oil prices could lift Bitcoin; that was a forecast, not a measured effect.
