Bitcoin Crashes Below $62K, Recovers Near $64K; $1.7B Liquidated in 24 Hours

BTC-4.49%
According to Trader Kashif Raza, on June 4, Bitcoin crashed below $62,000 before recovering near $64,000, a level last seen in February. Over $1.7 billion in leveraged positions were liquidated across the crypto market within the past 24 hours. BTC is now trading nearly 51 percent below its all-time high reached in October 2025, as forced closures accelerated selling pressure and market sentiment weakened sharply.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments