The crypto market weakened over the past 24 hours, with total market cap slipping to $3.23 trillion and liquidations reaching $874.8 million. Trade war fears, delayed US regulatory progress, and forced unwinds all added pressure.
Bitcoin climbed back above $63,200 after rebounding from its June 6 low, while Ethereum outperformed. Total crypto liquidations reached $675 million in 24 hours, with shorts accounting for 81% as traders await Wednesday's CPI data.
Bitcoin dropped to a 14-day low of $63,314, while total crypto liquidations reached $1.12 billion in 24 hours. More than 166,000 traders were wiped out, with longs accounting for 85% of the losses.
Bitcoin rebounded to $67,137 after briefly slipping below $65,000. The broader crypto market saw $217.7 million in liquidations over 24 hours, while the Fear and Greed Index remained in extreme fear for 46 straight days.
Bitcoin lost the $65K support level, triggering over $436M in liquidations within 24 hours. Trading volume surged 25%. Analysts warn of further downside toward $60K.
Bitcoin fell below $69,000 and Ethereum dropped under $2,100, triggering $458.67 million in liquidations over 24 hours. Nearly 129,000 traders were wiped out, with a single $10.81 million long position liquidated on Hyperliquid.
Bitcoin dropped below $66,000 again early June 4, while Ethereum slid close to $1,800. CoinGlass data showed $1.1 billion in liquidations over 24 hours, affecting 196,661 traders, with the largest single liquidation nearing $59.67 million on HTX.
Bitcoin spiked to $81,640.77, its highest in 14 days, triggering $387.67M in liquidations with shorts accounting for 81%. Four catalysts: ETF inflows, Middle East détente, short squeeze, and Consensus 2026.
