6/7/26

Bitcoin Bounces Back Above $61K After $1.6B Liquidation Wipeout | Ethereum, XRP, Solana & Altcoin Recap

Bitcoin clawed back above $61,000 after a brutal overnight shakeout that wiped out $1.6 billion in liquidations — and the recovery is bringing Ethereum, XRP, and select altcoins with it. In today's daily crypto market recap, we break down exactly what happened, what's driving the bounce, and what you need to watch next.

Bitcoin dropped as low as $59,227 before staging a solid comeback following Friday's jobs report, which triggered a wider selloff across stocks, bonds, and crypto. We also cover Solana's 625K SOL token unlock, Russia's new retail crypto restrictions, America's biggest banks building a new digital currency network, and a Satoshi-era wallet that moved after 14 years — tied to a $285 billion lawsuit.

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⚠️ Educational purposes only. Not financial advice. Crypto is volatile — do your own research.

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Bitcoin Bounces to $63K | Zcash +45% on Ironwood Upgrade | Bybit Opens SpaceX IPO On-Chain

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Bitcoin CRASHES Below $60K — $1.6 Billion Liquidated Overnight | Crypto Market Breakdown