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Bitcoin crashes below $62,000 after $1.8B liquidations triggered by high leverage and falling demand.

Market News
04 Jun 2026
Crypto news
View Source
Bearish
Bitcoin crashes below $62,000 after $1.8B liquidations triggered by high leverage and falling demand.

Bitcoin plunged below $62,000 following a three-day selloff that wiped out months of gains and triggered $1.8 billion in liquidations, the largest since October 2025. The crash was driven by dangerously high leverage levels in the futures market, reaching those seen before the previous major crash, combined with weakening demand and persistent ETF outflows. A symbolic $2.5 million sale by Strategy, a major corporate Bitcoin holder, sparked a cascade of forced liquidations among heavily leveraged long positions. The market remains fragile with prediction markets betting on further downside toward $55,000, while some still hope for a recovery by year-end. The key factors to watch next are demand trends, ETF flows, geopolitical risks, and macroeconomic data.

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Balancer DeFi plans shutdown after $128M hack devastates revenue and user trust

Balancer DeFi plans shutdown after $128M hack devastates revenue and user trust

Balancer, a DeFi platform, is considering shutting down after a $128 million security breach in November 2025 severely damaged user confidence and caused revenue to collapse from $1.13 million to just $56,781 by August 2026. CEO Marcus Hardt proposed...

Protocol Fundamentals
Bearish
4 hours ago
Vanguard Intermediate-Term Treasury ETF faces risks from inflation and upcoming rate decisions.

Vanguard Intermediate-Term Treasury ETF faces risks from inflation and upcoming rate decisions.

The Vanguard Intermediate-Term Treasury ETF (VGIT), which tracks U.S. Treasury bonds with maturities of 3-10 years, is currently caught between speculation on long-term and short-term interest rates. Rising prices in electricity, consumer electronics...

Market News
Bearish
4 hours ago
US House panel to vote on bill creating a 20-year Strategic Bitcoin Reserve.

US House panel to vote on bill creating a 20-year Strategic Bitcoin Reserve.

The US House Financial Services Committee will mark up H.R. 8957 on Sept. 16, a bill to establish a Strategic Bitcoin Reserve requiring government-held Bitcoin to be locked for at least 20 years. The bill mandates quarterly public proof-of-reserve re...

Market News
Bullish
4 hours ago
SCHD ETF upgraded to 'buy' for strong dividend yield and growth potential

SCHD ETF upgraded to 'buy' for strong dividend yield and growth potential

The Schwab US Dividend Equity ETF (SCHD) has been upgraded to a 'buy' rating due to its solid fundamentals, including a dividend yield estimated at 3.27% and strong next-year earnings growth. The ETF stands out as a top large-cap US value investment ...

Analyst Insights
Bullish
4 hours ago
PG&E plans $70B+ investment through 2030 targeting strong EPS growth without new equity issuance

PG&E plans $70B+ investment through 2030 targeting strong EPS growth without new equity issuance

PG&E is executing a capital plan exceeding $70 billion through 2030, aiming for high single-digit EPS growth and a $2.33 per share EPS target by 2030. The company plans a 4% dividend yield and 9% annual rate base growth, funding expansion through deb...

Market News
Bullish
4 hours ago
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