Bitcoin's $60,000 Floor Cracks Again, $253M In Longs Flushed: What Prediction Markets Are Pricing

Bitcoin falls below $63,000 as $150M in longs get liquidated

Bitcoin fell below $63,000 on June 3, wiping $150M in longs and $1.1–1.8B total market liquidations. Implied volatility at 53.17 and $4.4B ETF outflows signal systemic stress; breakdown toward $50–52.5K risks further cascading liquidations.