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Bitcoin rebounds from September lows amid $1B futures liquidations and rising market volatility

Market News
26 Jun 2026
Coindesk
View Source
Bearish
Bitcoin rebounds from September lows amid $1B futures liquidations and rising market volatility

Bitcoin bounced back from its lowest level since September 2024, trading near $59,700 after dipping to around $58,100. Meanwhile, ether continued to decline, holding near $1,550, and U.S. equity futures showed signs of weakness. Market stress is evident as over $1 billion in leveraged futures positions, mostly longs, were liquidated in 24 hours, with bitcoin futures open interest rising sharply as traders increased short positions. Rising implied volatility and put option premiums indicate growing downside fears. Some altcoins like Aave and Solana bucked the trend with gains, but the overall crypto market remains under pressure amid cautious investor sentiment.

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