Bitcoin Flash Crash To $61K Triggers $1.1B Liquidation Wave
Bitcoin flash-crashed to an intraday low near $61,503 after losing the $72,000 level, turning a sharp correction into one of the market’s heaviest liquidation events of the year. BTC had traded near $74,000 earlier in the move before sellers drove the price through $70,000, $65,000 and then into the low-$61,000 area. The drop marked Bitcoin’s weakest level since late February and came with a broader crypto reset that also pushed Ethereum toward $1,730.