Bitcoin lost 2.5% to $62,300 and ether fell over 4% to $1,650, while $717 million in liquidations amplified losses across altcoins.

Leading cryptocurrencies extended losses on a volatile Monday, June 2022, despite the U.S. and Iran signing key agreements as part of a peace deal.

A rotation out of this year's best AI and chip stocks sank Asian markets, with South Korea's Kospi down 6%, and crypto fell with them. Bitcoin is down more than 3% on the week.

Bitcoin dropped below $63,000 on June 3, triggering over $150M in long liquidations. ETF outflows hit $4.4B over 13 days as volatility surges.

Crypto market liquidations top $700M as bitcoin plunges below $62K. Analysts warn the rejection at $65,500 signals a further drop to $50K.

Bitcoin lost 2.5% to $62,300 and ether fell over 4% to $1,650, while $717 million in liquidations amplified losses across altcoins.

Bitcoin slipped to $62,000 as a stronger U.S. dollar and broader risk-off sentiment pressured crypto markets ahead of key inflation data.

A renewed rout in semiconductor stocks pulled risk assets lower again, and crypto kept sliding. Bitcoin is down 5% on the week, with ether and the memecoins falling harder.

Bitcoin slipped to around $62,600, extending losses amid a broader selloff in AI and technology stocks that triggered risk-off sentiment. ETF outflows, weak liquidity and a…

Bitcoin held above $62,500 and ether near $1,665, but sluggish price action and widening put skews signal bears remain firmly in control.