Bitcoin Falls to $66,346 as Long Liquidations Hit $1.35B and Selling Intensifies

In early June 2026, bitcoin slid more than 6% over 24 hours, touching an intraday low of $66,948 and later printing $66,346. The move came alongside broad deleveraging, with crypto long liquidations rising to $1.35 billion versus $136 million in shorts. On June 2, bitcoin's market cap dipped to just under $1.35 trillion, while the wider crypto market fell below $2.5 trillion for the first time since April 13.