
Bitcoin crash below $60,000 triggers $1 billion loss as markets now price Fed rate hike by October
Spot selling led the decline before forced liquidations spread losses across Bitcoin, Ether and other major cryptocurrencies.

Spot selling led the decline before forced liquidations spread losses across Bitcoin, Ether and other major cryptocurrencies.

Bitcoin’s fall below $60,000 shifted the test from valuation to demand, with buyers still slow to absorb the selloff.

Exchange inflows, ETF outflows, and long liquidations collided before buyers could stabilize the market.

Bitcoin has lost 16% this month while ETF redemptions and weak US trading activity deepen pressure on the market.

The Ethereum Foundation cut 54 jobs and narrowed its mandate as record user activity collided with falling fees and a 44% decline in ETH.

Swell warned users to bridge out by June 23, turning a planned L2 shutdown into a test of user exit procedures.

As institutions take over tokenized assets, Goldfinch asks what is left for DeFi RWA.

The incident forced users to confront the part of rollup security that usually stays invisible: whether they can still withdraw when the bridge layer breaks.

Bitcoin and Ethereum ETFs lost roughly $2.5 billion through June 18, while HYPE and XRP funds drew less than $75 million combined, showing investors are not rotating so much as de-risking.

The KOSPI rout hit chipmakers that dominate the index and spilled into crypto markets already weakened by persistent ETF outflows.

What Altura's rush to exit reveals about your money - earning yield can be easier than getting money back

Kraken’s app now gives eligible users Solana DEX access while warning that the tokens remain outside its listing review.