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Bitcoin and major cryptos dip as 'Extreme Fear' grips market; key $64K support level critical for next move

Market News
16 Jun 2026
Benzinga
View Source
Bearish
Bitcoin and major cryptos dip as 'Extreme Fear' grips market; key $64K support level critical for next move

Leading cryptocurrencies including Bitcoin, Ethereum, XRP, and Dogecoin fell as investors took profits, with Bitcoin dropping back into the $65,000 range after nearing $67,000. Over $340 million was liquidated in 24 hours, reflecting high market volatility and 'Extreme Fear' sentiment. Analyst Michaël van de Poppe highlighted $64,000 as a crucial support level for Bitcoin; holding above it could lead to gains toward $74,000-$79,000, while failing it may trigger new lows. The overall crypto market cap slipped slightly to $2.25 trillion amid mixed stock market performance.

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