Bitcoin Falls Back Under $63,000 as $125 Million Gets Liquidated in One Hour

Bitcoin briefly slid into the mid-$62,000s, breaking below $63,000 and triggering about $125 million in crypto liquidations in just one hour.

The price later bounced from around $62,500 and stabilized near $63,000.

Analysts said the move reflected a short-term support break and persistent leverage in the market.

Whether Bitcoin can hold the $62,500-$63,000 support zone is now a key near-term signal for traders.