In this video: Bitcoin: A Path to the Bottom. Video by Benjamin Cowen.
"New to trading? Join iqoption for free educational materials, a risk-free demo account, and a low minimum deposit($20). Start your journey in the financial markets now!"
Learn more >>
Bitcoin (BTC) has plunged to the $60,000 area on June 24, 2026, marking its lowest levels in two weeks amid a severe macro and institutional unwind. The original cryptocurrency opened the day around $62,660 and faced accelerated intraday selling that stripped away over 3.6% of its value, pushing it to roughly $60,221.
Visit Trading Platform >>
Insights Today
-The Tech/AI Capital Drain: High-performing AI and technology stocks continue to absorb global investor capital. A major $30 billion U.S. share filing by SK Hynix has further pulled liquidity away from speculative digital assets.
-Macro Debasement Reversal: The 2025 "debasement trade" is aggressively unwinding. A strengthening U.S. dollar and the hawkish posturing of new Fed Chair Kevin Warsh are driving investors toward risk-off positions. This shifts money away from both precious metals and crypto.
-ETF Capitulation: Institutional selling has intensified. U.S. spot Bitcoin ETFs registered a staggering $6 billion net outflow over the last 30 days, including a singular $113.78 million exit on Tuesday.
-Massive Leveraged Liquidations: Over the past 24 hours, the rapid price decline triggered $48.60 million in BTC liquidations, with long positions absorbing 82.7% ($40.21 million) of the wreckage.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>
