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Bitcoin flash crash below $68,000 triggers around $400 million in liquidation in under an hour

By Oluwapelumi Adejumo at 2026-06-02 11:30

Sentiment: Negative

Today's sudden Bitcoin slide under $68,000 forced a rapid unwind across crypto derivatives markets, erasing nearly $400 million in leveraged positions in one hour as traders who had bet on further gains were caught by the move. Data from CryptoSlate shows that Bitcoin fell more than 5%, dropping from $71,765 to $67,895, its lowest level since […] The post Bitcoin flash crash below $68,000 triggers around $400 million in liquidation in under an hour appeared first on CryptoSlate. Continue reading...

Categories: Analysis

Tags: #Analysis #Featured #Price Watch #TradFi #Trading #Bitcoin #BTC

Source CryptoSlate