Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin drops below $63K, wiping out $150M in long positions amid ETF outflows and rising volatility

Market News
23 Jun 2026
Crypto Briefing
View Source
Bearish
pluang ai news

Bitcoin fell below $63,000 on June 3, marking its lowest price since late February and triggering over $150 million in liquidations of long positions. The broader crypto market saw $1.1 to $1.8 billion in liquidations within 24 hours, with Bitcoin alone accounting for hundreds of millions. This decline coincides with 13 consecutive days of outflows from US spot Bitcoin ETFs totaling about $4.4 billion, driven by large holder rebalancing and geopolitical shifts favoring AI sectors. Analysts are watching the $60,000 support level closely, with potential further drops to $50,000-$52,500 if it breaks, as high futures open interest suggests more liquidations could follow.

More News

EU approves Cenrifki as first drug targeting disability progression in secondary progressive multiple sclerosis without relapses

EU approves Cenrifki as first drug targeting disability progression in secondary progressive multiple sclerosis without relapses

The European Commission has approved Cenrifki (tolebrutinib) by Sanofi for treating secondary progressive multiple sclerosis (SPMS) without relapses, based on positive phase 3 trial results showing it delays disability progression. This is the first ...

Market News
Bullish
1 hour ago
argenx hosts webinar on advancing FcRn leadership in autoimmune myositis R&D

argenx hosts webinar on advancing FcRn leadership in autoimmune myositis R&D

argenx, a global immunology company, is hosting a webinar on June 23, 2026, focused on advancing research and development of FcRn blockers for autoimmune myositis. The event features argenx's management and scientific leaders alongside key external e...

Others
Bullish
1 hour ago
Signify unveils strategy to boost focus, performance, and shareholder value by 2029.

Signify unveils strategy to boost focus, performance, and shareholder value by 2029.

Signify announced a new strategy at its 2026 Capital Markets Day to become a more focused and better-performing company by 2029. The plan includes prioritizing growth in connected lighting and consumer segments while optimizing less profitable areas....

Market News
Bullish
1 hour ago
EU approves Sanofi's Cenrifki for secondary progressive multiple sclerosis without relapses

EU approves Sanofi's Cenrifki for secondary progressive multiple sclerosis without relapses

The European Commission has approved Sanofi's Cenrifki (tolebrutinib) as the first medicine targeting disability progression in secondary progressive multiple sclerosis (SPMS) without relapses. Approval is based on positive phase 3 clinical trial res...

Market News
Bullish
1 hour ago
CTO confidence in scaling AI drops to 48% despite rising investments, highlighting integration challenges.

CTO confidence in scaling AI drops to 48% despite rising investments, highlighting integration challenges.

Akkodis' 2026 study reveals CTO confidence in scaling AI has fallen from 82% in 2024 to 48% in 2026, despite rapid AI adoption and increased investments. The main challenge is not technology but integrating AI into company systems, processes, and dec...

Market News
Neutral
1 hour ago
banner-footerbanner-footer

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