6/6/26

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

Bitcoin dropped below sixty thousand dollars overnight, triggering over 1.6 billion dollars in liquidations across the crypto market. Ethereum, XRP, and Solana all followed lower as macro headwinds — including strong jobs data — fueled a broader risk-off move. We break down the key support levels, the liquidation cascade, institutional ETF outflows from BlackRock's IBIT, and what comes next.

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

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