Bitcoin Slides to $63K on Hawkish Fed, Renewed Liquidations

Bitcoin extended losses to the low $63,000s on June 18-19 after the Federal Reserve's hawkish shift triggered fresh selling and $340 million in liquidations. The move follows a sharp rebound from sub-$60,000 lows reached on June 10, when BTC plunged from above $80,000 and RSI hit the low 20s amid record liquidations. A relief rally above $63,000 on June 11 faded by June 16 as sentiment turned to extreme fear. Defensive flows into BTC and ETH provided temporary support, yet the market remains capped by key moving averages near $67,500–$74,000. Analysts continue to flag $64,000 as the pivotal level that must hold to avoid new lows.