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Bitcoin closed the week of June 5, 2026 down by almost 20%, its highest single-week percentage decline since the collapse of FTX in November 2022. The last time the market saw a candle this red, it was during the cycle bottom. This time, however, the current setup is more complicated, as Bitcoin is reacting to a combination of institutional selling pressure, ETF weakness, and fading confidence after a failed recovery attempt above $82,000. Related Reading: XRP Monthly RSI Drops To All-Time Low As Market Watches For Confirmation Bitcoin’s Drop Brings Back The FTX Comparison Bitcoin’s price action in the first week of June was one of its most notable weeks in history. BTC opened the week around $73,760, briefly pushed as high as $74,092, and then fell to a low of about $59,130, according to data from TradingView. The move translates to a decline of about 19.5% from the weekly open to the low and 20.1% from the high to the low, making it Bitcoin’s worst weekly percentage drop since the
Read full articleEscalating US-Iran tensions could destabilize global oil markets and heighten regulatory risks in the crypto sector, impacting investor confidence. The post US military strikes Iranian radar sites after drone threat near Strait of Hormuz, Bitcoin drops below $77K appeared first on Crypto Briefing.
While bitcoin trades more than 50% beneath its all-time peak above $126,000 recorded last October, gold proponent Peter Schiff remains convinced the asset has considerably further to fall. This weekend, Schiff conducted a poll asking: “How low does bitcoin’s price have to fall before you bitcoiners concede that I’ve been right all along?” Among the […]
Bitcoin's waning appeal among momentum traders highlights shifting investment trends, potentially altering its role in diversified portfolios. The post Bitcoin struggles as momentum traders shift focus to chip stocks appeared first on Crypto Briefing.
XRP could be on track for one of its biggest price moves ever — but investors may need to wait until late 2027 or even 2028 to see it play out. A Long Road Ahead That’s the view from market analyst Dr Cat, who recently flagged $1.034 as a compelling long-term buy zone for the token. According to the analyst, that price level lines up with a thick Ichimoku Cloud support zone on the charts, which he sees as offering a strong risk-to-reward setup for patient buyers. Related Reading: Bitcoin Price Plunges To $59K, Sparking Fears Of Deeper Decline The price he’s projecting – the $30 target – would represent a gain of roughly 2,600% from XRP’s recent low of $1.09. That kind of move would rank among the largest in the token’s history. The Numbers Behind The Call The forecast, however, comes with conditions attached. Dr Cat’s model assumes XRP would need to trade at around 12,000 satoshis against Bitcoin, while Bitcoin itself would have to climb to approximately $250,000. Both would need to ha
A pseudonymous crypto analyst has revealed that the Ethereum-to-Bitcoin pair has fallen back down to a price region that once preceded the bullish run seen in Ethereum’s past cycle. Related Reading: Bitcoin Reserves Resuscitation, Iran War Falls Into The Background, But What’s Going On With BTC? ETH/BTC Structure Mirrors 2020 Chart Before Reversal In an […]
Michael Saylor renewed attention on Strategy’s bitcoin plans after the company’s rare 32 BTC sale sparked debate among investors. His latest post shifted focus back to Strategy’s 843,706 BTC reserve and the possibility of future acquisitions. Saylor’s Post Refocuses Traders After Strategy’s Rare Bitcoin Sale Michael Saylor, executive chairman of Strategy (Nasdaq: MSTR), has renewed […]
Bitcoin realized losses remained below the $211 billion tally from 2022, leading to a prediction that the next bear-market bottom was not yet in.
Bitcoin trades near $61,739 after testing $60,420 as Saylor hints at more buys and traders weigh AI capital rotation pressure.
