Bitcoin fell sharply below the $60,000 level, hitting around $59,462 after a steep intraday decline driven by a sell-off in tech and AI stocks, sticky inflation, and hawkish Fed policies. The entire crypto market is down, with major coins like Ethereum and Solana also suffering significant losses. Institutional outflows from Bitcoin ETFs and fading regulatory optimism have further pressured prices. Key support is now near $55,000, with resistance at the old $60,000 floor and much higher levels around $74,000. The market remains bearish without a clear catalyst for recovery.
Bitcoin fell 5% to a new year-to-date low of $59,018 on June 24, continuing a downward trend that has seen it lose over 30% since the start of the year. This drop caused $237 million in long leveraged positions to be liquidated within four hours, wit...
On June 24, 2026, MSTR stock dropped below $100 for the first time since March 2024, driven by a Bitcoin price decline and challenges in its financing model. The company’s strategy, heavily reliant on Bitcoin accumulation, faces pressure as its finan...
Bitcoin deposits to Binance have nearly doubled since mid-April 2026, reaching about 7,600 BTC monthly, or roughly $479 million at current prices. This surge reflects growing trader fear after Bitcoin dipped below the key psychological level of $60,0...
Cryptocurrency markets experienced a broad decline, with major coins like Bitcoin and Ethereum dropping more than 4%. Other notable coins such as Dogecoin and Cardano also saw significant losses, falling over 5%. This downturn reflects ongoing market...
Bitcoin's price dropped below $60,000, reaching a low of $59,658, driven by pre-halving market volatility and $2.43 billion in outflows from U.S. spot Bitcoin ETFs in May. This decline reflects broader economic concerns like inflation and high intere...
