---
title: "Crypto crash of June 2026: Bitcoin plunged to levels of a year ago, $1.8 billion liquidated"
description: "📉 The crypto market is experiencing its worst week in three years: Bitcoin plunged by 14%, and position liquidations exceeded $1.8 billion. The price of the leading cryptocurrency has returned to levels from a year ago. 🥶 Is this a temporary correction or the start of a new crypto winter? We break down the details."
date: 2026-06-09T12:50:51.000Z
lang: en
url: https://xab.info/en/posts/crypto-crash-of-june-2026-bitcoin-plunged-to-levels-of-a-year-ago
tags: []
publisher: "XAB.info"
---

# Crypto crash of June 2026: Bitcoin plunged to levels of a year ago, $1.8 billion liquidated

The first week of June 2026 went down in crypto market history as one of the toughest in the last three years. Media outlets are calling these days the "worst week" for investors, while charts record unprecedented volatility. Bitcoin, traditionally serving as an indicator of market health, demonstrated a rapid decline, losing more than 14% of its value already at the beginning of the month.

### Mass liquidations and a historical low

The climax of the crisis was the event of June 4. On this day, the market saw a forced liquidation of positions totaling $1.8 billion. This is a colossal figure, indicating that margin traders and major players could not withstand the pressure of falling prices. The market was overheated, and a sharp correction led to a chain reaction of deal closures.

The price of the world's leading cryptocurrency briefly broke important psychological and technical levels, dropping to values not seen a year ago. However, despite the panic, the decline was halted. At the moment, the market is in a state of calm, trying to digest what has happened.

### Verdict: correction or the start of a crypto winter?

The main question currently worrying market participants and analysts is: how long will the current calm last? Experts are debating whether this is just a painful but necessary correction after a period of growth, or if we have become witnesses to the beginning of a full-fledged "crypto winter" — a long phase of stagnation and price drops.

The situation remains tense. Investors are anxiously watching the dynamics, waiting for signals on whether a recovery will begin or if the market will continue to move downwards.