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Bitcoin Slides Below $60K as Traders Trigger $1.57B Liquidation Wave Across Crypto

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When:
June 5, 2026 · 6:34 PM
Where:
Bitcoin.com News: Latest Crypto News Across All Key Markets
Source:
Bitcoin.com News: Latest Crypto News Across All Key Markets

Bitcoin dropped below $60,000 amid a broader crypto market sell-off that erased $200 billion in total market value and triggered $1.57 billion in leveraged liquidations. Liquidations Pass the Billion-Dollar Mark Bitcoin plunged below $60,000 on Friday amid a market-wide sell-off that shaved approximately $200 billion from the crypto economy. According to Bitstamp data, the cryptocurrency […]

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