---
title: Bitcoin's crash to $65K triggers $1.8B in crypto liquidations
url: >-
  https://www.cryptocatalyst.news/articles/2026-06-03-bitcoins-crash-to-65k-triggers-18b-in-crypto-liquidations
canonical: >-
  https://www.cryptocatalyst.news/articles/2026-06-03-bitcoins-crash-to-65k-triggers-18b-in-crypto-liquidations
date: '2026-06-03T13:53:29.732028+00:00'
category: bitcoin
tags:
  - bitcoin
  - liquidations
  - market
  - volatility
source: CoinTelegraph
source_url: >-
  https://cointelegraph.com/markets/bitcoins-crash-to-65k-triggers-18b-in-crypto-liquidations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
publisher: CryptoCatalyst
summary: >-
  Bitcoin's sudden drop to $65,000 caused over $1.8 billion in liquidations
  across the crypto market. Traders are now watching to see if $60,000 will hold
  as the next support level.
generated_by: automated editorial pipeline
---
# Bitcoin's crash to $65K triggers $1.8B in crypto liquidations

Bitcoin's sudden drop to $65,000 caused over $1.8 billion in liquidations across the crypto market. Traders are now watching to see if $60,000 will hold as the next support level.

Bitcoin's price plummeted to $65,000, triggering a wave of liquidations totaling $1.8 billion across the cryptocurrency market. This sharp decline has left traders on edge, as they brace for a potential test of the $60,000 support level.

The liquidations were driven by leveraged traders whose positions were automatically closed out when Bitcoin's price fell below certain thresholds. This type of market movement can create a domino effect, leading to even more liquidations as prices continue to drop.

For everyday investors, this volatility highlights the risks of trading with leverage, especially in a market that can experience rapid and significant price swings. It's a reminder to use caution and consider the potential downsides of leveraged trading.

As the market digests this latest downturn, traders will be closely watching to see if $60,000 can hold as a support level. If it fails, we could see further declines. Investors should stay informed and be prepared for continued volatility.

## Source

This article is a summary of reporting by [CoinTelegraph](https://cointelegraph.com/markets/bitcoins-crash-to-65k-triggers-18b-in-crypto-liquidations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound), written by an automated editorial pipeline. See https://www.cryptocatalyst.news/editorial-policy.

## How to cite

CryptoCatalyst.news, "Bitcoin's crash to $65K triggers $1.8B in crypto liquidations", 2026-06-03, https://www.cryptocatalyst.news/articles/2026-06-03-bitcoins-crash-to-65k-triggers-18b-in-crypto-liquidations