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 cryptos 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.