Nearly $115 Million Longs Liquidated As Bitcoin Drops to 7-Month Low,$70,000 Incoming?

In the past 60 minutes, over $112 million longs have been liquidated as traders de-risk in anticipation of the FOMC minutes. Bitcoin slipped below the $90,000 psychological levels, blowing millions in long positions out of the water. $115 Million Longs Wiped Out Amid FOMC Minutes Jitters Data on Coinglass shows that over $112 million in long positions have been liquidated over the past hour. These positions were flushed out as the Bitcoin price dipped below the $90,000 psychological level, testing a seven-month low. Bitcoin (BTC) Price Performance. Source: TradingView Meanwhile, the drop was not limited to the Bitcoin, as crypto stocks also registered losses, following the pioneer crypto’s fall to a 7-month low. CRYPTO STOCKS FALL AS BITCOIN NEAR SEVEN-MONTH LOW COINBASE GLOBAL DOWN 4.9%  BITFARMS FALLS 7.5% STRATEGY SLIPS 10.3% RIOT PLATFORMS FALLS 3.7% HUT 8 MINING DOWN 3.3% MARA HOLDINGS DROPS 6.6%— *Walter Bloomberg (@DeItaone) November 19, 2025 It comes ahead of the October FOMC minutes, which is barely an hour out, suggesting investors are de-risking. Beyond crypto and related stocks, indices were also down, with the Nasdaq and S&P 500 turning negative. S&P 500 AND NASDAQ TURN NEGATIVE; S&P 500 DOWN 0.2%, NASDAQ DOWN 0.2%— *Walter Bloomberg (@DeItaone) November 19, 2025 The post Nearly $115 Million Longs Liquidated As Bitcoin Drops to 7-Month Low,$70,000 Incoming? appeared first on BeInCrypto.