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Bitcoin rebounds above $64K, reversing recent losses amid geopolitical tensions and heavy liquidations.

Market News
08 Jun 2026
Bitcoin
View Source
Bullish
pluang ai news

Bitcoin recovered strongly to surpass $64,000 after falling below $60,000 during a sharp sell-off triggered by rising Iran-Israel tensions. This rebound helped the overall crypto market cap reach $2.26 trillion despite ongoing geopolitical risks. The rapid price surge caused $282.5 million in Bitcoin liquidations, mostly hitting short sellers, while total crypto liquidations reached $611 million. The recovery signals renewed buying interest and resilience in the crypto market amid global uncertainty.

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