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From: Free Thinking Doggie
Any news as a reason for the sharp fall in BTC & SOL in last hour ? Thought for 8s Yes, there was a sharp drop in the last hour (as of May 23, 2026).Quick Summary:Bitcoin (BTC) dropped around $1,000+ in minutes, breaking below $74,500 (lowest since mid-April). Solana (SOL) moved down in tandem with the broader market (altcoins often amplify BTC moves). Over $348 million in long positions were liquidated across crypto in just the last hour. Main Reasons for the Drop:Sudden Liquidation Cascade Heavy leveraged long positions got wiped out, creating a classic "cascade" where selling triggers more forced selling. This is very common in crypto — thin order books + high leverage = violent moves. SEC Delays Tokenized Stocks Plan The U.S. Securities and Exchange Commission delayed/paused its highly anticipated "innovation exemption" for tokenized versions of U.S. stocks. This was seen as a negative surprise after recent bullish expectations around crypto-friendly regulation. bloomberg.com Ongoing ETF Outflows Continued outflows from Bitcoin ETFs (including BlackRock) have been putting pressure on prices recently. Broader Market Sentiment Lingering macro/geopolitical caution (e.g., earlier Iran-related tensions). General risk-off mood in crypto after failing to hold higher levels. This looks like a classic "flush out" move rather than a fundamental collapse. These kinds of sharp hourly drops are frequent in crypto, especially on weekends with lower liquidity.Would you like me to check the current prices or liquidation numbers in more detail?

Current Thread	Author	Time
Any news as a reason for the sharp fall in BTC & SOL in last hour ?...[more]	Free Thinking Doggie	09:40:19
>> Investing.com…....[more]	Denc 🗡	09:44:29

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