Bitcoin's price fell 15% over the past week, dipping below $62,000. Despite this sharp decline, macro investor Raoul Pal says it is a painful correction within an ongoing bull market, not the start of a bear market. Pal highlights that Bitcoin and other cryptos have historically seen large drawdowns during bull cycles. He remains optimistic about crypto's future, pointing to growing adoption of stablecoins, tokenization, and blockchain infrastructure as key drivers for long-term growth.
Bitcoin's price dropped to $61,000 in early June 2026, marking a decline of over 25% this month. This drop is driven by significant selling from long-term holders and ongoing uncertainty about U.S. cryptocurrency regulations, which remain unsettled. ...
Bitcoin has fallen 50% from its all-time high as the broader cryptocurrency market faces a downturn marked by liquidations and losses. Analysts link this decline to a macroeconomic selloff influenced by weak tech stocks and ETF outflows, suggesting a...
Bitcoin's drop below $62,000 in June 2026 was wrongly blamed on Michael Saylor's sale of 32 BTC, which was too small to impact the market. The real cause is Bitcoin losing its status as the dominant momentum trade, with speculative capital shifting t...
Bitcoin briefly dropped to $61,300 before recovering to around $62,500, triggering $3 billion in liquidations over two days. Derivatives markets show strong bearish sentiment, with increased put option activity at the $60,000 strike and rising implie...
Hyperliquid's price fell over 10% from its record high after BitMEX co-founder Arthur Hayes liquidated his entire HYPE holdings, worth about $18 million. This triggered profit-taking and a broader crypto market downturn amid rising oil prices and geo...
