Bitcoin Drops 6% to $72,000 as Asia Stocks Follow Global Tech Sell-Off and Liquidations Near $628M

On Thursday, Bitcoin fell 6% to around $72,000 while a global technology slump dragged Asian equity markets lower and kept risk sentiment fragile. Over the past 24 hours, crypto liquidations reached about $627.96M, mostly from long positions, as traders reacted to equity volatility and shifting expectations around AI-driven spending and corporate earnings.