Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin holds above $60K despite 49% drop and multiple bearish shocks in 2026.

Market News
10 Aug 2026
Bitcoin
View Source
Bearish
Bitcoin holds above $60K despite 49% drop and multiple bearish shocks in 2026.

Bitcoin has fallen about 49% from its October 2025 peak but remains above $60,000, showing resilience amid geopolitical tensions, institutional selling, security breaches, and internal protocol disputes. Unlike previous bear markets that saw losses over 75%, this downturn is relatively mild, supported by deeper liquidity, regulated products, and long-term holders. However, risks remain from potential economic shocks and further institutional withdrawals, which could push prices toward $50,000. The coming months will reveal if $60,000 is a strong floor or just a temporary defense level.

More News (BTC)

XRP and NEAR lead $666M crypto short squeeze as prices surge in 24 hours

XRP and NEAR lead $666M crypto short squeeze as prices surge in 24 hours

A sharp price increase in XRP, NEAR, and other altcoins triggered $666 million in forced liquidations of short positions within 24 hours, marking the largest wave of crypto short squeezes in months. XRP rose nearly 8%, NEAR surged over 11%, and Bitco...

Market News
Bullish
5 hours ago
Bitcoin jumps over 6% to $86K, driven by ETF demand and short squeeze, with potential to rise further.

Bitcoin jumps over 6% to $86K, driven by ETF demand and short squeeze, with potential to rise further.

Bitcoin surged more than 6% to trade around $86,000, fueled by a mix of ETF demand and a short squeeze rather than broad market accumulation. Analysts at Nansen highlight that while the price has turned bullish quickly, major crypto holders remain ca...

Analyst Insights
Bullish
6 hours ago
Bitcoin surges past $86,000 after $648M short squeeze clears key resistance

Bitcoin surges past $86,000 after $648M short squeeze clears key resistance

Bitcoin surged to $86,000, its highest in eight months, driven by a massive $648 million short squeeze that broke through a critical resistance zone between $82,000 and $86,000. This price level is significant as it marks the breakeven point for US s...

Market News
Bullish
6 hours ago
Bitcoin surges past $85K as Kevin O'Leary predicts $1M BTC if quantum risks are solved.

Bitcoin surges past $85K as Kevin O'Leary predicts $1M BTC if quantum risks are solved.

Bitcoin and major cryptocurrencies rallied strongly, with Bitcoin reaching around $85,700 and many altcoins up 10% or more. Investor Kevin O'Leary forecasted Bitcoin could hit $1 million if the crypto industry addresses the potential future threat of...

Market News
Bullish
6 hours ago
Bitcoin breaks $84K as short squeeze drives strong crypto rally with heavy liquidations.

Bitcoin breaks $84K as short squeeze drives strong crypto rally with heavy liquidations.

Bitcoin surged past $84,000, fueled by a short squeeze that forced bearish traders to close leveraged positions, causing $746 million in crypto liquidations. This rally lifted most cryptocurrencies, with Bitcoin futures and options showing increased ...

Market News
Bullish
6 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App