via CryptoSlate · By CryptoSlate Editorial
Bitcoin crashed and flushed leverage out, but is the bottom here yet?
BTC/USDT
$24,607,459,826.84
$63,999.00 / $61,306.84
Change: $2,692.16 (4.39%)
+0.0060%
Longs pay
Bitcoin just tested an intraday low of $61,349, triggered roughly $1.76 billion in liquidations with long positions absorbing more than $1.5 billion of that total, and then bounced toward the mid-$63,000s.
Funding rates flipped deeply negative, open interest reset sharply, and the Crypto Fear & Greed Index fell to 12, a level in extreme fear territory.
That is a meaningful amount of technical…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleJuly 6, 2026 at 04:43 PM UTC
July 6, 2026 at 04:34 PM UTC
July 6, 2026 at 03:42 PM UTC