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Bitcoin crashes amid 2026 crypto selloff, hitting new lows on macro and geopolitical pressures

Market News
08 Jun 2026
Crypto Briefing
View Source
Bearish
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Bitcoin has crashed significantly as part of a wider 2026 crypto market selloff driven by leverage unwinds, macroeconomic challenges, and geopolitical tensions, notably between the U.S. and Iran. This has led to declines in spot demand and futures interest, with leveraged positions liquidated, marking a mid-level market stress rather than a full collapse. The likelihood of Bitcoin reaching $150,000 by mid-2026 has dropped sharply, with market odds now very low. Investors are advised to watch U.S.–Iran relations, Federal Reserve policies, and potential regulatory or institutional shifts that could impact Bitcoin's price trajectory further.

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