Bitcoin Reaches $76,000: Liquidations in the Crypto Market Exceed $500 Million in One Day

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Bitcoin Reaches $76,000: Liquidations in the Crypto Market Exceed $500 Million in One Day

On March 17, 2026, the price of Bitcoin reached an all-time high, testing the $76,000 mark. For the eighth consecutive day, the cryptocurrency has shown steady growth, significantly impacting the liquidation dynamics in the cryptocurrency market.

This is reported by Finway

Record Liquidations Amid Bitcoin’s Rise

In the last 24 hours, the total amount of liquidations of traders’ positions in the market reached nearly $500 million. The largest losses were incurred by participants who opened short positions: short traders lost $330.72 million. At the same time, long position holders lost $168.46 million. In total, 128,463 traders reported losses.

A significant portion of the liquidations consisted of positions in Bitcoin and Ethereum – $183.47 million and $169.59 million, respectively. This situation reflects increased volatility and market participants’ activity amid a strong price surge.

“The Fear and Greed Index in the cryptocurrency market stood at 43 points, indicating a presence of fear. Compared to the previous week, the index rose by 16 points.”

Volume of liquidations for futures contracts in the cryptocurrency market. Source: CoinGlass.

Market Dynamics and Investor Sentiment

It is worth noting that in October 2025, Bitcoin had already set a record, exceeding the $125,000 mark. However, at that time, the market experienced one of the largest waves of liquidations in history – over $19 billion in just a few days.

As of the time of preparing this material, Bitcoin is trading at $74,350, according to TradingView data. The Fear and Greed Index currently stands at 43 points, indicating a dominance of cautious sentiment in the market, although the index has increased by 16 points over the week.

Fear and Greed Index in the cryptocurrency market. Source: CoinStats.Daily chart of BTC/USDT on Binance exchange. Source: TradingView.

Overall, the current situation in the cryptocurrency market confirms that participant activity remains high, and Bitcoin’s volatility continues to impact the scale of traders’ position liquidations. Investors are closely monitoring the further price dynamics of the first cryptocurrency and market sentiments.