Crypto Liquidations Hit Hard – Bitcoin and Ethereum Open Interest at Multi‑Month Lows

Crypto is going through one of its worst weeks – not just during this bear market, but in the entire history of digital assets. Just a couple of weeks ago, Bitcoin traded above $80,000. Today, it’s closer to $60,000, with a session low of $61,057 on June 5 marking the weakest daily close since February.