Bitcoin falls below $62,000, triggering $1.5 billions in cryptocurrency liquidations

AiCoin2026/06/04 02:18

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Presto Research stated that Bitcoin’s pullback this year has coincided with the rise of AI stocks and gold, as the market lowers its expectations for a Federal Reserve rate cut. In Hong Kong trading, Bitcoin fell below $62,000, triggering over $1.5 billion in leveraged crypto liquidations within 24 hours, including more than $800 million in Bitcoin and $386 million in Ethereum positions. US spot Bitcoin ETFs saw a net outflow of about $1 billion this week, continuing a record trend of capital withdrawals. Analysts believe that Bitcoin’s decline reflects competitive pressure from gold and AI stocks, and that future movements may depend on easing inflation pressures and renewed demand for liquidity-sensitive assets.

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Federal Reserve Governor Cook pointed out that the substantial capital expenditures for AI will continue to intensify price pressures, while the wealth effect in the stock market driven by AI is also stimulating consumption. She believes that the productivity gains from AI will bring about a moderate easing of inflation in the coming years, but this alone will not be enough to offset the mounting inflationary pressures expected later this year.

华尔街见闻•2026/09/28 21:16