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Crypto Crash Today: Bitcoin Price Drops Below $61,500; Analysts Divided

2026-06-04 04:37:06

The crypto market took a hit on Wednesday as Bitcoin plunged more than $2,000 in under an hour, briefly falling to $61,460 before recovering above $64,000. The move pushed Bitcoin below $63,000 for the first time since 24 February and triggered over $1.1 billion in leveraged position liquidations across the broader market within 24 hours.

BTC-6.46%

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