TL;DR

• Bitcoin fell back toward $62,000 after briefly crossing $65,000 on June 22, reversing a short-lived recovery attempt as broader confidence weakened quickly.
• Spot BTC ETF outflows, early-investor selling concerns, dollar strength and quantum-computing anxiety added pressure as liquidations topped $700 million, with BTC making up about 30%.
• Ethereum dropped 6% near $1,650, several altcoins fell 9% to 10%, and the total crypto market lost about $120 billion in one day.

Bitcoin slid deeper into the red over the past 24 hours, dragging the broader crypto market into another defensive session. The move followed a failed recovery attempt on June 22, when BTC briefly pushed above $65,000 before sellers regained control and forced the asset…