Bitcoin's Price Recovery Liquidates $540M in Short Positions

Bitcoin rebounded over the weekend, reaching highs of $63,800 and liquidating $539 million in short positions—the highest since April. The cryptocurrency is currently trading at around $63,350 with total crypto liquidations surpassing $588 million in 24 hours.

By Akash Girimath Mon, June 8, 2026 at 3:41 PM GMT+3 3 min read · Yahoo Finance · June 8, 2026, 12:41 UTC

Bitcoin's Price Recovery Liquidates $540M in Short Positions

Topics: Bitcoin KOSPI index price recovery S&P 500 short liquidation

Read the full article at Yahoo Finance

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