Bitcoin dropped below $77,000 and BNB fell more than 8% after a security breach at Binance, triggering a wave of forced liquidations across the crypto market.
According to market data, total crypto liquidations reached $1.53 billion, with leveraged long positions accounting for the majority of the losses. Bitcoin now faces a key support test near $75,000 after the sharp selloff, while BNB broke below the $700 level and is watching $680 as the next critical support.
Binance has reportedly frozen $3 billion in assets and pledged to reimburse affected customers. The breach has renewed concerns about exchange security and added selling pressure across major digital assets.
