Bitcoin Rebounds Above $61K After Dip, $1.829B in Crypto Liquidations in 24 Hours

BTC-3.78%
According to Coinglass data, over the past 24 hours on June 6, the cryptocurrency market saw $1.829 billion in total contract liquidations. Bitcoin, which briefly dipped below $60,000, recovered to trade at $61,399.7, up 0.57% on the day. Bitcoin accounted for $620 million of liquidations, with long positions liquidated at $1.459 billion and short positions at $371 million.
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