Bitcoin's price has dropped to around $59,000 after losing the key 78.6% Fibonacci retracement level near $64,270, a critical support that traders saw as the last defense before a deeper selloff. The current $59,000-$60,000 zone, which aligns with June's low, is now the final major support area. Technical indicators remain bearish, with Bitcoin trading below key moving averages and a descending trendline capping recovery attempts. If this support fails, Bitcoin could face a further decline toward $44,500, but a successful defense might allow a rebound toward $64,000 and beyond. The coming days will be crucial in determining whether Bitcoin forms a durable bottom or continues its correction from May.
Ripple's XRP has declined 9% this week, continuing a downtrend since last year due to low network activity and increased supply. The price broke below a key support range and retested it, signaling potential further decline if another low is made. Ho...
Since its peak in October 2025, the cryptocurrency market has lost over $2.2 trillion in value, dropping from $4.27 trillion to $2.02 trillion by June 2026. Bitcoin fell 53% from its all-time high of $126,200 to $59,000, while Ethereum declined 67%. ...
Most major cryptocurrencies experienced price declines, including Bitcoin dropping 2.76% to $60,733 and Ethereum falling 3.24% to $1,608.71. Other notable coins like Binance Coin and XRP also saw decreases, reflecting a broad market pullback. A few t...
Bitcoin's price dropped sharply below $60,000, triggering a broad sell-off in crypto equities and liquidations exceeding $850 million. Despite the crash, Bitcoin advocate Samson Mow expressed confidence, highlighting Bitcoin's strong fundamentals and...
Bitcoin and Ethereum, along with several other major cryptocurrencies, experienced significant price declines of over 4% in a recent market downturn. Bitcoin fell to around $59,457 while Ethereum dropped to approximately $1,570. This broad sell-off r...
