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  • Bitcoin briefly drops below $62,000 as $1.5 billion in crypto longs get wiped out
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Bitcoin briefly drops below $62,000 as $1.5 billion in crypto longs get wiped out

cryptovert June 4, 2026 1 min read
Presto Research says bitcoin’s drawdowns this year have coincided with rallies in AI stocks and gold as markets scale back expectations for Fed rate cuts.

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Previous: Live Markets: Bitcoin crashes to $62,000 as billions of longs get liquidated

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