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Bitcoin Crashes Near $62,000, Liquidations Reach Over $1.1 Billion in 24 Hours
Bitcoin's selling pressure has intensified after dropping close to $62,000 for the first time since February 24.
This weakness triggered a massive wave of liquidations in the crypto derivatives market, with total positions wiped out exceeding $1.12 billion in just the last 24 hours.
Market data shows that most of the losses came from traders holding bullish or long positions. The value of long position liquidations reached around $949 million, significantly higher than the short positions af
BTC-4.25%
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MasterChuTheOldDemonMasterChu:
Steadfast HODL💎
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BTC plunges below $71K! A 3.7 pullback in 24 hours-can the bulls
gate liveLIVE
686
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El Salvador is still buying
They stacked through the dip under $66K and now hold roughly 7,600 BTC in national treasury
A whole country running a #HODL strategy
The IMF is not going to like this 🔥
📊 BTC Power Law: $64,333 — overheated zone
Get alerts before the next move →
BTC-4.22%
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$LAB The charges keep deducting just for the fees, awesome
LAB15.23%
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Jerry.Wu:
Very exciting, losing hundreds of yuan in a day.
🌟 Gate Square Lucky Draw – Round 19 is on fire!
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Want to join? Start by posting on Gate Square!
✅ Earn points through interactions — 1 draw for every 300 points
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#BTC #ETH #GT
BTC-4.22%
ETH-3.93%
GT-2.79%
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Gate_Square
🌟 Gate Square Lucky Draw – Round 19 is on fire!
Win 10g golden bar and more — 100% win rate for all users!
Want to join? Start by posting on Gate Square!
✅ Earn points through interactions — 1 draw for every 300 points
✅ 100% win rate — no trading volume required, no empty hands!
Enter the Draw: https://www.gate.com/activities/pointprize?now_period=19
Win 10g golden bar, Gate Inter Milan jersey , Trading Fee Rebate Voucher and more!
Details: https://www.gate.com/announcements/article/51388
#BTC #ETH #GT
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AylaShinex:
2026 GOGOGO 👊
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BTC & ETH Market Momentum With Live Crypto Charts
gate liveLIVE
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SP500/USDT Outlook: Bearish Momentum Builds as Global Markets Turn Defensive
U.S. equity markets traded lower on Wednesday as renewed geopolitical tensions between the United States and Iran triggered a risk-off mood across financial markets. Rising concerns over regional stability pushed oil prices higher and weighed on investor confidence despite the broader bullish trend in equities.
The S&P 500 and Nasdaq Composite both retreated after recently reaching record territory, as traders reassessed risk exposure amid escalating military activity in the Middle East. Iran launched missile and dron
SPX500-1.08%
US500-0.06%
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While I wait for the market to bounce back, I’ll take a break and clean my Buddha stand this morning. 🙏
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GateUser-493b175b:
ask him to pull it back 😂😂
6.4 Afternoon Market Auntie Tai's 🍜 Perspective on Poetry
Afternoon Alert: 1712 Bottom Confirmed! Key levels have been updated!
The morning session continued to be weak, with the bears leading the break below the 2000 level, accelerating downward to below 1850. The latest 4-hour candlestick wick reached 1712 and then recovered, indicating buying resistance at low levels, but the overall center of gravity still remains significantly lower.
The 4-hour downward channel remains intact, with moving averages in a bearish alignment, and the main trend is bearish. MACD is severely oversold (both line
ETH-3.93%
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Wu Shuo has learned that, according to DeFiLlama data, after the platform token EDGE experienced a sudden significant decline, the edgeX platform's holdings have dropped from $840 million at the end of May to approximately $520 million now, a decrease of nearly 40%. Previously, edgeX stated that the price fluctuation of its platform token EDGE was suspected to be caused by deliberate market manipulation by specific external entities.
EDGE2.65%
EDGEX1.72%
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Took a new short on $dexe
DEXE-15.5%
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$UB (1h) - Bearish Continuation
Bias: Short
Entry (Zone): 0.1070 - 0.1090
Targets:
TP1: 0.1045
TP2: 0.1018
TP3: 0.0989
Stop Loss: 0.1112
Why this Setup:
I’m leaning short because the chart has already broken down hard from the recent highs and is now struggling to reclaim the 0.11 area. I want to sell into any weak bounce back toward resistance, with momentum favoring continuation toward the prior swing lows.
UB-10.09%
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The ETH Bitcoin strategy basically provided a very clear direction. Today is a rebound, and those who paid attention mostly caught the move. Later, in the live stream, everyone was asking to sell at 75 short-term and buy back at 30. So sometimes, the market isn't as difficult to trade as you might think. 😊
ETH-3.93%
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🚨 CRYPTO CRASH!
The total crypto market cap has dropped nearly 50% from its all-time high. 📉
▣ Current Market Cap: $2.22T
▣ Total Decline: $2.05T
▣ Drop from ATH: -48.06%
Trillions of dollars have been wiped out during this correction, pushing fear across the market.
The big question now:
Is this the bottom before the next recovery, or is there still more downside ahead? 👀
#Bitcoin #BTC #Ethereum #Crypto #Markets #Altcoins
BTC-4.22%
ETH-3.93%
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🔥 BIG: Stripe, Visa, Mastercard, and #Coinbase are forming a consortium to #launch a new stablecoin to rival Circle and Tether, per The Information. #crypto
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# ETHPlunges5PercentBelow1800 What Just Happened to Ethereum and Why It Matters More Than You Think
Ethereum has broken below $1,800. As of June 4, 2026, ETH is trading near $1,804, down over 7% in 24 hours and roughly 22% from its May high of $2,450. This is not just another dip. This is the second time ETH has breached $2,000 in 2026 but unlike the March bounce, this time the sellers are not letting go.
Let us walk through what is actually driving this plunge, because the headlines alone do not tell the full story.
The Cascade: From $2,450 to Below $1,800
ETH fell from $2,450 without any mea
ETH-3.93%
BTC-4.22%
MSTR-6.82%
MU-0.75%
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HighAmbition:
To The Moon 🌕
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#分享美股交易赢英伟达股票
Cryptocurrency exchanges are increasingly connecting to the U.S. stock market. Some say it's good, others say it's bad. Whether it's a blessing or a curse will have to be tested over time. From the current perspective, it doesn't seem very optimistic, after all, there has been a sharp decline, especially with the funds in altcoins becoming even tighter.
Today I don't want to analyze whether it's a blessing or a curse; I just want to remind everyone that the water in the U.S. stock market is very deep. The 80/20 rule wasn't invented by the crypto market; it comes from the stock m
NVDAX-3.53%
BABAON-3.2%
BTC-4.22%
ETH-3.93%
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ExcellenceNavigator:
Steadfast HODL💎
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$STO Signal】Long + 1H pullback to support, deep divergence
$STO Buy orders around 0.0692 with 1.68x leverage, clear characteristic of strong capital support. The 1H MACD shows a death cross but volume bars continue to shrink, price consolidates without breaking 0.0683 support. The 4H Bollinger middle band at 0.0615 moves up to provide trend buffer. The 30-minute RSI shows hidden bullish divergence brewing. This depth of buying combined with indicator convergence suggests limited room for short-term further decline.
🎯Direction: Long
⚡Entry/Order: 0.068992 - 0.069200
🛑Stop loss: 0.068
STO13.48%
ETH-3.93%
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#ETHPlunges5PercentBelow1800
The cryptocurrency market has once again reminded investors why volatility remains one of its defining characteristics. Ethereum's recent decline below the $1,800 level has sparked intense discussion across the digital asset community, with traders closely monitoring market sentiment and searching for clues about the next major move. While short-term price fluctuations can create uncertainty, they also reveal the dynamic nature of one of the world's most influential blockchain ecosystems.
Ethereum has long been considered the backbone of decentralized finance, smar
ETH-3.93%
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trader_Shahid:
To The Moon 🌕
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🚨 RBI'S DIGITAL RUPEE UPDATE!
The RBI is expanding the use of its Digital Rupee.
Multiple CBDC pilot programs have already been conducted in Gujarat, Puducherry, and Chandigarh for food subsidies and Direct Benefit Transfer schemes.
Meanwhile, retail e₹ circulation has declined 24% year-over-year, falling from ₹10.16B to ₹7.71B.
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