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Bitcoin’s Price Drops Toward $71K as Total Liquidations Surpass $500 Million
Jun 1, 2026
< 1 min read
by George Georgiev
for CryptoPotato
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Bitcoin lost momentum and slid about 3% in recent hours, falling from weekend highs near $74,000 to an intraday low around $71,300. The move underscores ongoing crypto market volatility and short-term downside risk for BTC that may pressure trader sentiment and derivatives positioning.
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Bitcoin’s price took yet another hit in recent hours, dropping toward $71,000 after failing to maintain the weekend momentum that took it to about $74,000.
The asset fell by roughly 3% on the day, touching an intraday low near $71,300.
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In This News
Coins
$ 64.26K
+0.80%Predictions Markets
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