CoinTurk News
2026-06-07 10:53:51

Major liquidations in Bitcoin and ETH reach $1.6 billion! What is driving the latest crypto correction?

🚨 Crypto markets saw liquidations surge to $1.6 billion as $BTC dropped to a new low. 📉 Over $500 million in $BTC and $400 million in ETH were wiped out in hours. 🔎 US jobs data and spot ETF outflows fueled the sell-off across risk assets. Continue Reading: Major liquidations in Bitcoin and ETH reach $1.6 billion! What is driving the latest crypto correction? The post Major liquidations in Bitcoin and ETH reach $1.6 billion! What is driving the latest crypto correction? appeared first on COINTURK NEWS .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.