Risk off move drags Bitcoin to $85K as tech stocks slide and gold reverses from record highs. Bitcoin fell more than 4% to around $85K as a broad risk-off move swept global markets, with the leading digital asset dropping alongside equities, tech stocks, and gold. Of that total, roughly $350 million came from longs compared with about $10 million in short liquidations. Total liquidations over the past 24 hours approached $700 million. Ether fell about 6% to near $2,800, Solana dropped roughly 5% to around $118, and XRP slid about 5% to near $1.80.