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Bitcoin sinks lower as traders brace for $45,000
Bitcoin has remained under pressure since June 24, when it fell below $60,000 as investors retreated from risk assets. Selling intensified on June 25, sending Bitcoin below $59,000 for the first time since September 2024 and dragging the broader cryptocurrency market lower. The total crypto market capitalization has since fallen to about $2.01 trillion, according to market data. The downturn triggered heavy liquidations across crypto derivatives markets. More than $657 million worth of leveraged positions were wiped out on June 24, followed by another $1.4 billion on June 25, marking one of the largest liquidation ... (full story)
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From finance.yahoo.com | 9 hr ago
Bitcoin slid below $60,000 on Tuesday, putting the token on track for its worst monthly performance since June 2022. The world's largest cryptocurrency has had a dismal first half of the year, sheding 33% year-to-date compared with the broader S&P 500's gain of 8%. It was set to end June down more than 19%. Bitcoin has been in a sustained downward trend ...
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