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Bitcoin Falls Below $62,000 to Pre-Iran Conflict Low as Crypto Slide Extends and $1.5 Billion in Longs Are Liquidated

Bitcoin fell below $62,000 Thursday morning, sliding to its lowest level since before the U.S.-Iran conflict began this spring and wiping out the rally that started when oil markets first reacted to the geopolitical escalation. The slide accelerated overnight as cumulative crypto liquidations approached $1.5 billion over the past 24 hours, with bullish bets accounting for the bulk of the losses, according to CoinGlass data. The arithmetic of the…

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What to remember: Bitcoin has gone up to $64,000 after falling under $62,000 at night. The fall has triggered more than $1.5 billion in liquidations in 24 hours. This rebound looks like a technical oversales jump, not a real trend reversal. Bitcoin is taking its breath again, without convincing. The first cryptocurrency has gone up to $64,000 after a violent stall that had caused it to plunge under $62,000. A movement that looks like a classic r…

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Crypto News broke the news on Thursday, June 4, 2026.
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