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Bitcoin back above $61,000 after rout leads to $1.6 billion liquidations

Crypto CoinDesk By Shaurya Malwa 06 Jun 2026 06:40 1 min read
Bitcoin back above $61,000 after rout leads to $1.6 billion liquidations

Bitcoin fell as low as $59,227 overnight before recovering, steadying after Friday's strong jobs report set off a selloff that sank the Nasdaq 100 about 5% and rattled stocks, bonds and crypto together.

Bitcoin fell as low as $59,227 overnight before recovering, steadying after Friday's strong jobs report set off a selloff that sank the Nasdaq 100 about 5% and rattled stocks, bonds and crypto together.

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