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Bitcoin falls below $62,000 amid market fear ahead of key U.S. CPI report.

Market News
09 Jun 2026
Benzinga
View Source
Bearish
pluang ai news

Bitcoin dropped below $62,000 as market sentiment turned fearful ahead of an important U.S. Consumer Price Index (CPI) report. Over 132,000 traders were liquidated in the past 24 hours, with nearly $450 million lost. Spot Bitcoin ETFs saw significant outflows, while Ethereum ETFs experienced inflows. Analysts warn Bitcoin is at a critical support level and may either bounce back or decline further, with choppy market conditions expected through summer and a clearer trend likely in Q4.

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