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Crypto Crash Triggers $1.66B in Liquidations as Bitcoin Falls to $61K

2026-06-08 14:44:23

The crypto market crash produced $1.66 billion in liquidations over the last 24 hours, according to CoinGlass. Bitcoin fell to the $61,000 price level earlier today. The selloff began in May 2026 after higher-than-anticipated inflation figures reduced chances of an interest rate cut. Failed US-Iran peace talks and Iranian military operations added further pressure.

BTC2.69%

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