Bitcoin Holds Above $63K as Liquidations Clear Leveraged Bets
Bitcoin stabilized above $63,000 on June 19 after volatile trading between $62,300-$63,300, following a failed rebound that briefly pushed prices above $67,000 mid-week on U.S.-Iran deal optimism and collapsing oil prices. The relief rally lost momentum as ETF outflows reached $4.4 billion, on-chain activity stayed weak, and capital rotated into AI stocks, causing BTC to decouple from the Nasdaq and slip 7% by June 18. Fresh $42.2 million in liquidations flushed leveraged positions while whale accumulation and modest inflows provided support, leaving price action dependent on Fed signals and sustained spot demand.