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Bitcoin Traders Dump Long Bets as $636M Gets Wiped Out in One-Day Rout

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When:
June 4, 2026 · 6:41 PM
Source:
Bitcoin.com News: Latest Crypto News Across All Key Markets

After a flash crash toward $61,000, bitcoin briefly rebounded to $64,600 before stabilizing just under $64,000. Despite trimming its losses, it remained down 3.2% daily, 14% weekly, and nearly 30% year-to-date in 2026. Volatility Grips Bitcoin After Flash Crash After plunging to $61,310 late Wednesday, bitcoin quickly reversed the losses, and by midnight it was […]

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