Bitcoin slips below $64,000 as $100 million is liquidated across crypto in the last hour

Bitcoin slipping back below $64,000 alongside roughly $100 million in liquidations over the past hour signals a rapid risk-off impulse and forced deleveraging in crypto derivatives. Such liquidation bursts often widen spreads and elevate short-term volatility across majors and high beta altcoins, reflecting fragile positioning and reduced risk tolerance among leveraged traders.