Bitcoin Drop to $70,000 Triggers $775M Liquidations as Quantum-Secure BMIC Presale Surpasses $432K
Bitcoin’s slide back to the $70,000 support level sparked about $775M in leveraged liquidations and sharply reduced overheated open interest. As capital rotates away from high-beta speculative assets, investors are favoring infrastructure projects such as BMIC, which focuses on post-quantum wallet security and has raised over $432K at a token price of $0.049474. This divergence between Bitcoin’s price action and BMIC’s presale inflows suggests some market participants are hedging volatility through early-stage, utility-driven plays.