📉 BITCOIN FALLS BELOW $62,000 AS OVER $1.6 BILLION IN CRYPTO POSITIONS ARE LIQUIDATED The crypto market experienced one of its most volatile sessions of 2026 as Bitcoin briefly dropped below $62,000, its lowest level since late March. 📌 Key highlights: • More than $1.6 billion in leveraged positions liquidated within 24 hours • Bitcoin accounted for nearly $800 million of total liquidations • Around $1 billion flowed out of U.S. spot Bitcoin ETFs in just a week • BTC balances on exchanges reached their highest level in three months 💸 The sell-off was driven by multiple factors, including ETF outflows, leveraged liquidations, and investors rotating capital into AI-related stocks, gold, and major upcoming tech IPOs. 🚀 Analysts note that speculative capital is increasingly shifting toward growth themes such as AI, OpenAI, Anthropic, and SpaceX, reducing Bitcoin's dominance as the preferred risk asset. #Bitcoin #BTC #Crypto #BitcoinETF #CryptoMarket #DigitalAssets #AI #ETF #CryptoNews #GlobalCryptos
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.