Bitcoin Drops Below $73,000 After $2,000 Slide as Liquidations Near $1B

Bitcoin fell under $73,000 after sliding more than $2,000 and losing over 3.5% over the past 24 hours. The move coincided with derivatives liquidations totaling just under $1 billion, amid market nerves tied to renewed US-Iran tensions and a reported $1.3 billion block sale of BlackRock’s IBIT shares.