Bitcoin slide wipes $80B off crypto market cap in a day

Bitcoin briefly fell below $74,000 on Nov. 9, hitting its lowest level since mid-August, while the total cryptocurrency market capitalization dropped by more than $80 billion in a day to $2.47 trillion, CryptoPotato reported. BTC fell as low as $73,500 on Nov. 9 and later rebounded to around $75,700, but gave back those gains and was trading near $74,000. ETH and XRP were each down around 6%, while HYPE and NEAR fell more than 5%. According to CoinGlass, about $1.14 billion in crypto futures positions was liquidated over the past 24 hours, including $1.03 billion in longs and $113.27 million in shorts.