{"id":73165,"date":"2026-05-27T18:59:43","date_gmt":"2026-05-27T18:59:43","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-slips-to-74530-as-long-traders-face-106m-wipeout\/"},"modified":"2026-05-27T18:59:43","modified_gmt":"2026-05-27T18:59:43","slug":"bitcoin-slips-to-74530-as-long-traders-face-106m-wipeout","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-slips-to-74530-as-long-traders-face-106m-wipeout\/","title":{"rendered":"Bitcoin Slips to $74,530 as Long Traders Face $106M Wipeout"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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<\/svg>Key Takeaways<\/span><\/h2>\n
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  • Bitcoin fell below $75K on May 27 as Glassnode flagged fading exchange-traded fund (ETF) inflows.<\/span><\/li>\n
  • Bitstamp data showed BTC dropped 3% weekly, wiping out $115.3M in leveraged longs.<\/span><\/li>\n
  • Polymarket traders priced U.S.-Iran deal odds at 30% ahead of the May 31 deadline.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n

    Onchain Metrics Signal Fading Momentum<\/h2>\n

    For the second consecutive day, bitcoin<\/span> trended downward, slipping below the $75,000 threshold even as major Wall Street indexes hovered near record highs. According to Bitstamp data, the leading cryptocurrency<\/span> plummeted to its daily low after spending much of the prior 24-hour trading session above $75,500.<\/p>\n

    The sharpest decline began around 8:44 a.m. EST, when the digital asset tumbled from $76,800 to $74,637 in just under two hours. Although it mounted a brief recovery to just over $75,300 an hour later, bitcoin<\/span> ultimately lost momentum, retreating to an intraday low of $74,530. The latest slide dragged bitcoin<\/span>\u2019s market capitalization below the $1.5 trillion mark for the second time this month and widened its weekly loss to nearly 3%.<\/p>\n