Bitcoin dropped below $61,000, hitting an intraday low of $59,227, causing $172 million in leveraged long liquidations within an hour. The selloff was triggered by stronger-than-expected US jobs data, which raised expectations of less Federal Reserve rate cuts, strengthening the dollar and pushing down risk assets including crypto. Total crypto liquidations reached $1.6 billion, with significant losses across major tokens like Ethereum and Solana. Despite a partial rebound above $61,000, the event highlights the high volatility and risk in leveraged crypto trading.
Bitcoin is testing a crucial support level at $60,000, with a break below potentially pushing the price down to $55,000, a historically significant support aligned with its realized price. Despite recent selling pressure and macroeconomic challenges,...
The total cryptocurrency market cap has fallen to about $2.2 trillion, driven by a $3.8 billion outflow from Bitcoin since May. Experts say this decline reflects capital rotation, with investors moving funds from Bitcoin to emerging popular assets li...
The US government's Strategic Bitcoin Reserve, holding about 328,000 BTC, has lost nearly $20 billion in value since October 2025 due to a sharp decline in Bitcoin's price from its peak of around $124,000. Despite the value drop, the government has n...
Bitcoin's price dropped below $60,000, wiping out gains made after Donald Trump's 2024 reelection. The cryptocurrency has fallen from a peak of over $126,000 in October 2025 due to risk-off selling and increased regulatory worries in the U.S. Market ...
Bitcoin has seen a sharp nearly 20% correction in early June, pushing market sentiment into extreme fear and raising the odds of a drop below $50,000 in 2026 to 65%. This decline is driven by forced selling and liquidations, with nearly $500 million ...
