---
title: "Bitcoin Spikes Near $64,000 as Short Sellers Get Liquidated"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291740446.md"
description: "Bitcoin surged near $64,000 on July 6, liquidating over $450 million in short positions. The rally followed a weaker-than-expected US jobs report that eased Fed rate-hike expectations. Ether and Solana also gained significantly. Spot Bitcoin ETF inflows reversed after a 10-day redemption streak, though funds are still absorbing June outflows of $4.5 billion."
datetime: "2026-07-06T01:28:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291740446.md)
  - [en](https://longbridge.com/en/news/291740446.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291740446.md)
generator: "portal-rs"
---

# Bitcoin Spikes Near $64,000 as Short Sellers Get Liquidated

Bitcoin (BTC) jumped to nearly $64,000 early July 6, hitting $63,900 on CoinGecko and extending a weekend rally that liquidated hundreds of millions of dollars in shorts. The move followed a rebound from the $58,293 low on July 1, according to BeInCrypto, after a softer-than-expected US Nonfarm Payrolls report showed 57,000 jobs added in June, easing near-term Fed rate-hike expectations. Traders lost over $450 million in short positions as BTC broke above $62,000. Ether rose about 4% on the day and roughly 10% over the week, while Solana gained nearly 19%. Spot Bitcoin ETF inflows reversed, snapping a 10-day streak of redemptions, though funds are still digesting June outflows of $4.5 billion.

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## Related News & Research

- [Osmosis Took 74 Days To Discover A 40-BTC Nomic Exploit That Left Its Bitcoin-Backed Asset 36% Unbacked](https://longbridge.com/en/news/298903281.md)
- [XRP gets 26% share in Grayscale’s ‘next gen’ portfolio – No space for Bitcoin](https://longbridge.com/en/news/299087512.md)
- [Steak ‘n Shake’s Bitcoin bet posts double-digit sales growth](https://longbridge.com/en/news/298510530.md)
- [Symbiosis says it recovered 15 BTC after Bitcoin bridge exploit, offers attacker 20% bounty](https://longbridge.com/en/news/298840279.md)
- [Liquid Network restarts after $320M hack, but peg-outs remain frozen — What’s happening?](https://longbridge.com/en/news/298792008.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**