Bitcoin Jumps to $63K, Liquidating $504M in Short Positions
Bitcoin’s surge to $63,700 resulted in $504 million in liquidations for short sellers, marking the largest single-day hit for this cohort since late April 2026.
Martha Grizzard Jun 8, 2026
Here's a Step-By-Step Guide on How to Buy
Create a BitKan account
Sign up or download the BitKan APP to get started on registering a BitKan Account.
Start a trade
On BitKan.com, you may choose to Deposit Crypto, For further assistance, kindly contact Support Service.
Select Bitcoin from the list of crypto assets
On BitKan.com, click on Spot on the top left and select BTC. On BitKan mobile app, click on Trade on the bottom right and select BTC.
Finalize
Ensure that the details keyed in are accurate, and you may confirm your purchase by clicking “Buy”. Once the order has been processed, you will see your fulfilled buy order on the confirmation screen. That’s it, you’ve successfully bought your Bitcoin!
Research
Bitcoin is on the downtrend this week.
The price of Bitcoin has decreased by 5.90% in the past 7 days. The price decreased by 1.23% in the last 24 hours. The current price is $62,718.07 per BTC. Bitcoin fell -50.26% from its all time high of $126,080.00.
MARKET CAP
1,256,812,861,202.10
VOLUME (24H)
557,452.11
CIRCULATING SUPPLY
20,039,087.00
BitKan: A Better Way To Buy, Trade, And Hold Cryptocurrency
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Start Buying BTC
If you're ready to take the next step and want to buy some Bitcoin, take the next step with BitKan!
How to Buy Other Crypto Assets
View moreConvert Other Assets
View moreArbitrum to USD 1 Arbitrum equal 0.0806 USD  | Bitcoin to USD 1 Bitcoin equal 62,682.00 USD  | Dogecoin to USD 1 Dogecoin equal 0.0854 USD  |
Ethereum to USD 1 Ethereum equal 1,671.92 USD  | Optimism to USD 1 Optimism equal 0.0947 USD  | Shiba Inu to USD 1 Shiba Inu equal 0.00000469 USD  |
Frequently Asked Questions
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+*Prices shown are for illustrative purposes only. Actual cryptocurrency prices may vary.
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