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.
Bitcoin's waning appeal among momentum traders highlights shifting investment trends, potentially altering its role in diversified portfolios.
June 7, 2026, 4:20 pmA 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.
June 7, 2026, 4:00 pm
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.
The post lands a week after Strategy revealed its first bitcoin sale since 2022 and one day before voting closes on a STRC dividend amendment.
The Bitcoin price is showing signs of stabilization after a sharp pullback, while a heated debate over U.S.
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.
Escalating US-Iran tensions risk destabilizing global oil markets and intensifying regulatory scrutiny on cryptocurrencies amid geopolitical conflicts.
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.
Bitcoin ( BTC) is trading at $61,822 on June 7, 2026, at 8:35 a.m. EDT, caught between a deeply oversold momentum reading on shorter timeframes and relentless selling pressure from moving averages across the daily chart.
The US Bitcoin spot ETF market has carried its bearish momentum into June, recording substantial capital withdrawals during the first trading week of the month. The latest outflows come after a difficult May, as investor sentiment around Bitcoin continues to worsen amid strong macroeconomic uncertainty.
Bitcoin’s recent correction continues to shake market confidence, with the premier cryptocurrency enduring an intense selling pressure over the past several weeks. Since May 15, Bitcoin has steadily declined by 26.8%, with price now trading around the cycle bottom at $60,000.
$62,255.00 +2.65%
$1.25T Market Cap
$30.59B Total Volume (2.46%)
$126,080 All Time High -50.62%
until new daily candle
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