Bitcoin has fallen below $65,000, currently trading at approximately $64,518.2, marking a 4.40% decline over the past 24 hours, according to OKX data. Ethereum also saw a decrease, dropping below $1,900 to around $1,898.17, down 3.20% in the same period. Coinglass reports indicate that the total liquidations across the market reached approximately $1.7 billion in the last 24 hours, with long positions accounting for about $1.5 billion and short positions around $199 million.