Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin plunges below $65K as $1.8B in leveraged crypto positions liquidate amid ETF outflows and market rotation.

Market News
04 Jun 2026
Coinpaper
View Source
Bearish
pluang ai news

Bitcoin's price dropped sharply below the $65,000 support level, triggering $1.8 billion in leveraged crypto liquidations—the highest since January 2026. This decline is driven by ongoing spot Bitcoin ETF outflows totaling $4.37 billion over 13 days, weaker liquidity, macroeconomic concerns, and a shift of capital toward AI stocks. Analysts highlight key support zones at $59,000, $54,000, and $50,000, with some viewing the current price as a potential bottom test amid strong selling pressure. The market faces added stress from forced liquidations and capital rotation, while Bitcoin struggles to attract safe-haven demand compared to equities at record highs.

More News (BTC)

Ether jumps 11% as BlackRock's spot ETFs attract $96M, outpacing Bitcoin's 4% gain this week

Ether jumps 11% as BlackRock's spot ETFs attract $96M, outpacing Bitcoin's 4% gain this week

Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...

Market News
Bullish
4 hours ago
Bitcoin nears $65K as U.S. inflation cools, but key investors sell amid uncertain rally.

Bitcoin nears $65K as U.S. inflation cools, but key investors sell amid uncertain rally.

Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...

Technical Signals
Neutral
5 hours ago
Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...

Technical Signals
Bullish
5 hours ago
Bitcoin steadies near $65,500 as Ethereum breaks $1,900 amid soft inflation and market caution.

Bitcoin steadies near $65,500 as Ethereum breaks $1,900 amid soft inflation and market caution.

Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...

Market News
Neutral
7 hours ago
Bitcoin, Ethereum, and Zcash show strong recovery signs while XRP struggles to break resistance levels.

Bitcoin, Ethereum, and Zcash show strong recovery signs while XRP struggles to break resistance levels.

Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...

Technical Signals
Bullish
9 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App