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As BTC Tests $62,000, How Low Can Bitcoin Go?
Key takeaways
- Akash Girimath Thu, June 4, 2026 at 8:06 PM GMT+7 4 min read BTC-USD Bitcoin continued to slide lower on Thursday, exacerbating losses across the entire crypto market with no clear signs of a bottom.
- The leading crypto has dropped roughly 17% over four days, from nearly $74,000 on Monday to Thursday’s intraday low of $61,556, according to Coin Gecko data.
- In under four days, total crypto market liquidations hit $4.47 billion, with bullish bets contributing $3.82 billion–roughly 93% of all positions wiped.
As BTC Tests $62,000, How Low Can Bitcoin Go? Akash Girimath Thu, June 4, 2026 at 8:06 PM GMT+7 4 min read BTC-USD Bitcoin continued to slide lower on Thursday, exacerbating losses across the entire crypto market with no clear signs of a bottom.
The leading crypto has dropped roughly 17% over four days, from nearly $74,000 on Monday to Thursday’s intraday low of $61,556, according to Coin Gecko data.
In under four days, total crypto market liquidations hit $4.47 billion, with bullish bets contributing $3.82 billion–roughly 93% of all positions wiped. At time of publication, BTC remains underwater, trading at around $63,680, down 5.1% on the day.
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