Bitcoin falls to $58,000 as $450M in levered long positions liquidated

Strategy director Jarrod Patten has sold another 1,500 MSTR shares as the company’s stock has fallen to a fresh 52-week low and investor scrutiny over its Bitcoin treasury strategy has intensified. According to a recent U.S. Securities and Exchange Commission…

A crypto sell-off dragged the aggregate altcoin market capitalization below the $900 billion threshold twice within a 24-hour window, hitting brief lows of $872 billion. Is an ‘Altpocalypse’ Imminent? Altcoins Plunge to Historic Technical Lows Bitcoin’s slide to a multi-month low Thursday erased significant market value, but altcoins bore the brunt of the sell-off as […]

There’s no doubt about it, the cryptocurrency market has been absolutely hammered in 2026. Today, Bitcoin (BTC) price slipped back under $60,000 in a catastrophe for the short-lived recovery in its technical structure. And for those diamond-handed gems still holding on in the space, the pained anxiety of why is crypto down now, and ‘will.. The post Why is Crypto Down and Will it Recover? Options and Inflation Reveal Smoking Gun appeared first on 99Bitcoins.

Lower Brent forecasts suggest easing inflation pressures, potentially benefiting risk assets and crypto markets while reducing mining costs. The post UBS lowers Brent price forecasts amid rising Middle East oil supply appeared first on Crypto Briefing.

Iran's Bitcoin tolls at the Strait of Hormuz could increase oil transit costs and invite regulatory scrutiny on crypto's geopolitical use. The post Iran is charging Bitcoin tolls to pass through the Strait of Hormuz appeared first on Crypto Briefing.

Rising inflation and geopolitical tensions are pressuring risk assets, with prolonged high interest rates challenging Bitcoin's appeal. The post Bitcoin drops to $58K as US PCE inflation hits three-year high appeared first on Crypto Briefing.

Michael Saylor has faced renewed legal pressure after a shareholder rights firm opened an investigation into Strategy, adding to mounting scrutiny that has accompanied the company’s sharp stock decline and Bitcoin’s latest selloff. According to Rosen Law Firm, the investigation…

Mike McCluskey argues that bitcoin’s slide is due to its high-beta relationship with tech equities rather than broken crypto-native fundamentals. The Seoul-to-Nasdaq Contagion On Tuesday, June 23, the South Korean index, Kospi, plunged by more than 8%, triggering a Level 1 circuit breaker. The sharp drop was attributed to a severe global semiconductor stock correction, […]