Bitcoin dips below $62,000, $1.5 billion in crypto long positions liquidated
Bitcoin fell again below $64,000 after the US stock market opened on Thursday, with a weekly drop of 13.5%, marking the worst single-week performance since 2026. The total liquidation across the market exceeded $1.5 billion in long positions, with Bitcoin briefly dropping to $61,300. Trader Daan Crypto Trades noted that BTC has been in a larger downtrend since last October, with the $60,000 mark becoming a critical zone for bulls to defend.
Why it matters: The $1.5 billion liquidation event reflects the current concentration of leverage risk in the crypto market, and the $60,000 level will be a key technical point to determine whether the bear market continues.
#比特币 #爆仓 #加密货币 #市场 #BTC
Bitcoin fell again below $64,000 after the US stock market opened on Thursday, with a weekly drop of 13.5%, marking the worst single-week performance since 2026. The total liquidation across the market exceeded $1.5 billion in long positions, with Bitcoin briefly dropping to $61,300. Trader Daan Crypto Trades noted that BTC has been in a larger downtrend since last October, with the $60,000 mark becoming a critical zone for bulls to defend.
Why it matters: The $1.5 billion liquidation event reflects the current concentration of leverage risk in the crypto market, and the $60,000 level will be a key technical point to determine whether the bear market continues.
#比特币 #爆仓 #加密货币 #市场 #BTC