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Bitcoin stabilises near $67,000 after $1 billion liquidation shakeout
Bitcoin stabilised near $67,000 after heavy liquidations reset leverage, with traders eyeing upcoming U.
Bitcoin prices steadied near $67,000 on 6 November 2025, recovering modestly after a $1 billion liquidation cascade earlier this week. Analysts said the sharp correction flushed out leveraged long positions and may reset market positioning. Exchange data shows funding rates normalising as traders reduce risk exposure. Ethereum also stabilised around $3,300. Market observers expect near-term consolidation with potential for renewed volatility ahead of U.S. macro data releases and continued regulatory discussions on crypto ETFs and stablecoins.