<ul><li>CryptoQuant reports the largest Bitcoin long liquidation, with 7,500 BTC wiped out due to rising market volatility.</li><li>Bitcoin’s price drops 10.55%, hitting a yearly low of $74,508 after failing to break the $85,000 resistance level.</li><li>Bitcoin remains under pressure with an RSI of 36, signaling bearish momentum, but may rise to $90,000 if it surpasses $85,000.</li><li>The volatility in the cryptocurrency market and uncertainties surrounding global economic factors and political instability contribute to the fluctuating investor responses and warnings of potential sharp price falls.</li></ul>

Bitcoin Faces Massive Liquidation: 7,500 BTC Wiped Out in One Day

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