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Bitcoin falls below $63K despite oil price crash, signaling market stress and liquidations.

Market News
18 Jun 2026
CryptoTicker
View Source
Bearish
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Bitcoin and other major cryptocurrencies dropped sharply despite a crash in oil prices following US-Iran peace news. Normally, lower oil prices ease inflation fears and boost risk assets like crypto by supporting expectations for interest rate cuts. However, Bitcoin fell below $63,000 and Ethereum under $1,700 amid a broad market selloff driven by forced liquidations and technical pressure. The selloff may be a short-term clearing of leverage, with potential for recovery if Bitcoin stabilizes above key levels, allowing the bullish macro factors from lower oil to eventually support the market.

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