Bitcoin Falls Below $75,000 as $1B in Crypto Positions Liquidate and ETF Outflows Near $1.28B

Bitcoin fell below $75,000 after nearing $74,500, as U.S. spot Bitcoin ETFs saw about $1.28 billion in net outflows from Nov. 2 to Nov. 6 and crypto liquidations topped $1 billion in 24 hours. CoinGlass showed long positions near $931 million, including about $455 million in Ethereum and $278 million in Bitcoin. Traders await the Oct. U.S. CPI report on Nov. 10.