Bitcoin's price dropped sharply below the $65,000 support level, triggering $1.8 billion in leveraged crypto liquidations—the highest since January 2026. This decline is driven by ongoing spot Bitcoin ETF outflows totaling $4.37 billion over 13 days, weaker liquidity, macroeconomic concerns, and a shift of capital toward AI stocks. Analysts highlight key support zones at $59,000, $54,000, and $50,000, with some viewing the current price as a potential bottom test amid strong selling pressure. The market faces added stress from forced liquidations and capital rotation, while Bitcoin struggles to attract safe-haven demand compared to equities at record highs.
Bitcoin has fallen about 14% over the past week and nearly 23% over four weeks. Michael Saylor, chairman of Strategy and the largest corporate bitcoin holder, attributes the decline to capital rotation into artificial intelligence infrastructure, wit...
XRP's price dropped to $1.14, with Ripple's former CTO David Schwartz stating crypto prices often defy logic amid retail investor frustration. Cardano's ADA hit a 5-year low at $0.1917 as founder Charles Hoskinson announced a break following internal...
The cryptocurrency market experienced a sharp crash in early June, wiping out about $250 billion in value as Bitcoin fell 17% and Ethereum dropped 14%, reaching its lowest price in over a year. This sell-off was driven by massive liquidations, especi...
Standard Chartered lowered its 2026 Ethereum price target by 47% to $4,000, citing a cyclical setback as ETH fell below $1,800. Despite this near-term cut, the bank maintains its long-term 2030 target of $40,000, expecting a recovery after a potentia...
In 2026, Ethereum's price dropped about 32%, significantly more than Bitcoin's 11% decline, driven by weaker demand for Ethereum ETFs compared to Bitcoin's strong ETF inflows. Ethereum's higher risk profile, persistent whale selling, and competition ...
