Bitcoin slips below $63,000 in an Asian-session leverage flush
Analysis
Price Impact
LowThe article mentions a slip below $63,000 due to a 'leverage flush' but clarifies that the liquidations were minor, only about a sixth of past peaks. this suggests it's a short-term event with limited market-wide impact.
Trustworthiness
HighPrice Direction
NeutralWhile the price dipped below $63,000, the mention of minor liquidations and the fact that it's an asian-session event suggests it might be a temporary fluctuation rather than a sustained trend. the price could rebound or continue to consolidate.
Time Effect
ShortLeverage flushes are typically short-term events that resolve as positions are liquidated. the impact is usually felt over hours or a day, not weeks or months.
Original Article:
Article Content:
live Updated just now Bitcoin slips below $63,000 in an Asian-session leverage flush The liquidations were minor, running at about a sixth of what the market saw at its worst over the past 30 days, per CoinGlass. By Shaurya Malwa Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Live coverage hasn't started yet. Our reporters are gathering details. Updates will appear here as the story develops. Latest Crypto News 1 Bitcoin holds near $63,800 as war-driven selloff hits everything but crypto 2 hours ago 2 Signs of life?: State of Crypto 12 hours ago 3 Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic 17 hours ago 4 Bitcoin is nearing a power law support line Fidelity has tracked since 2015 19 hours ago 5 Bitcoin, ether little changed as U.S. launches fresh Iran strikes Jul 12, 2026 6 Ripple once weighed shutting down and handing XRP to shareholders, CEO says Jul 12, 2026 7 Bitcoin’s BIP 110 fork deadline nears with miner support at zero Jul 12, 2026 8 Lending protocol Bonzo loses 77% of value locked as $9 million oracle exploit rattles Hedera Jul 11, 2026 9 Crypto IPO market stalls as capital rotates to AI and macro uncertainty weighs Jul 11, 2026 10 The UK has finally shown it’s serious about crypto Jul 11, 2026 Latest Research Digital Assets: Quarterly Review and Outlook Q2 Digital Assets: Quarterly Review and Outlook Q2 Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch. By CoinDesk Research Jul 10, 2026 Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch. Why it matters : Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch. View Full Report More From Markets Bitcoin holds near $63,800 as war-driven selloff hits everything but crypto Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic Bitcoin is nearing a power law support line Fidelity has tracked since 2015