Cryptos Extend Crash, Bitcoin Drops To Near $61k

rttnews
2026.06.04 14:35
portai
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Bitcoin dropped to a four-month low near $61,336 as mounting outflows from U.S. Spot ETFs and massive liquidations of long positions signaled heavy bearish sentiment. The crypto market cap fell to $2.17 trillion, with AI-linked coins plunging over 10% amid broader tech valuation concerns following Broadcom's forecast. Global markets showed mixed signals due to geopolitical developments, while the Crypto Fear and Greed Index hit 'extreme fear' at 19.