Live Markets: Bitcoin crashes to $62,000 as billions of longs get liquidated

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Analysts and market observers are saying bitcoin's crash is happening due to traders chasing momentum and rotating out of crypto and into high-flying IPOs and AI stocks.

source https://www.coindesk.com/tech/2026/06/03/live-markets-bitcoin-crashes-to-usd62-000-as-billions-of-longs-get-liquidated

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