Live Markets: Bitcoin crashes to $62,000 as billions of longs get liquidated

This is a live story built from multiple sources. It may evolve quickly. A published brief exists for this story.

Coverage meter • 6 hr window

What’s included

Top recent items from this story.

2 items • 2 unique links

Cointelegraph - News 4 days ago • cointelegraph.com

Over $600M in Bitcoin longs liquidated as BTC dips toward $60K

Many traders expect Bitcoin to stage a short-term relief bounce toward $70,000, but the broader technical setup remains bearish for BTC.

Open

CoinDesk - All News 4 days ago • coindesk.com

Live Markets: Bitcoin crashes to $62,000 as billions of longs get liquidated

Analysts and market observers are saying bitcoin's crash is happening due to traders chasing momentum and rotating out of crypto and into high-flying IPOs and AI stocks.

Open