Bitcoin Slides Under $64,000 Again as $100 Million Liquidated in an Hour

On July 28, Bitcoin fell below $64,000, reaching $63,582 as approximately $100 million in leveraged positions were liquidated within 60 minutes. This incident represents the third time this week that traders were flushed out around the $64,000 level. Simultaneously, South Korea's stock market triggered its 8th circuit breaker of 2026. The $64,000 mark has become a significant battleground for the crypto market, characterized by repeated liquidations and high volatility for leveraged traders.