Bitcoin’s $20K Collapse: 6 Reasons Behind the Crash and What Happens Next?
The significant outflows from the ETFs are just a small portion of the quickly worsening BTC landscape.
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Bitcoin’s 200-week moving average, sitting at around $61,700, is the line the market is watching most closely right now. That level has marked the bottom of every major Bitcoin bear cycle going back to 2015, and it held again this week — at least for now. Related Reading: XRP Already Powers Real Banking Activity, Says Evernorth, With More Growth Expected A Classic Bottom Signal — Or Just A Pause? The selloff dragged Bitcoin down to around $61,300 before buyers pushed the price back up past $64,750, a recovery of more than 5%. Reports say the rebound came alongside news that Israel and Lebanon had agreed to a ceasefire, though the price action itself was already being shaped by a massive liquidation event. Over $740 million in BTC positions were wiped out in a 24-hour window, according to data from CoinGlass. Long traders took the bulk of the hit, with more than $623 million in bullish bets liquidated as the price fell. Bear Flag Still Looms Bitcoin’s weekly chart shows a bear flag brea
Read full articleThe significant outflows from the ETFs are just a small portion of the quickly worsening BTC landscape.
Bitcoin has dropped 17% in four days, sparking $4.5 billion in liquidations, as analysts warn of a potential move below $60,000.
XRP has spent much of 2026 trading below the targets often discussed across its community, but one XRP commentator is saying that projections to these price targets are being viewed through the wrong lens. The analyst claims that XRP should not be measured like a traditional stock, especially if the asset functions as it is designed and it becomes tied to institutional settlement, liquidity routing, and high-value financial transfers. XRP Commentator Says Market Cap Logic Misses The Point Most XRP price discussions are based on market cap comparisons and circulating supply figures, which are the same models used to analyze stocks. However, according to an XRP commentator account known as CharuSan, this is a stagnant market cap logic being applied to XRP since it fundamentally misunderstands what the cryptocurrency was built to do. Related Reading: The Bitcoin Bear Market Is Over: Here’s Where We Are In The Cycle XRP is meant to play as a liquidity and velocity asset; therefore, the cry
Hyperliquid’s native token, HYPE, dropped below $70 on Thursday after delivering an 80% gain in May. The dip comes amid renewed weakness across the broader cryptocurrency market, where Bitcoin (BTC) slipped below $63,000 and sparked a wave of risk-off sentiment among investors. A key catalyst behind HYPE’s recent surge has been rising institutional participation. Newly […] The post Hyperliuid dips below $70, but institutional demand remains high appeared first on CoinJournal.
At 8:30 a.m. EDT, bitcoin traded at $63,444 on June 4, 2026, with its relative strength index ( RSI) registering just 17 and all 14 tracked moving averages pointing lower, placing the $61,310 swing low at the center of every active trader’s attention. The technical picture is uniformly bearish across the daily, 4-hour, and 1-hour […]
The Bitcoin performance over the last year has disappointed investors as the cryptocurrency’s price has stalled below $100,000. Even now, with the price seeing some recovery, it has remained muted, and there has not been any notable recovery in the price. With the second quarter coming to an end, a crypto analyst has outlined what […]
The XRP market has entered a period of uncertainty as XRP’s recent price decline toward yearly lows, many investors are reassessing their positions and searching for opportunities that could potentially outperform during the next phase of the market cycle. While some traders are choosing to wait on the sidelines, others are already moving capital into […] The post XRP News: As XRP Falls To Yearly Lows, Ripple Whales Turn To SurgeXRP As Presale Surpasses 20% Of Soft Cap appeared first on Live Bitcoin News.
Bitcoin falls to $62k and Arthur Hayes selling his HYPE and NEAR position leads to double digit fallout for recent alt darlings.