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Why Is Bitcoin Crashing? Worst Week of 2026, $59,100 Low, and More Than Half of All BTC Now in the Red

Bitcoin fell to its lowest price of 2026 on Friday, touching $59,100 intraday as over 351,000 traders were liquidated across crypto markets in a single 24-hour window. Bitcoin Falls 19% in 7 Days and Touches $59,100 The move extended a sharp selloff that has taken bitcoin down 19.3% in seven days, 22.2% in the past […] from Bitcoin News https://ift.tt/bfVksTt
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Ethereum Drags Altcoins Below $880B as 22% Weekly Slide Shakes Trader Confidence

A broad crypto sell-off on Friday dragged the total altcoin market capitalization down to $880 billion. Zcash was the hardest-hit major token, crashing over 40% to $264.80. Market Bloodbath Drags Altcoin Cap Below $1 Trillion The mayhem that characterized the cryptocurrency market on Friday saw several high-cap altcoins log double-digit losses, resulting in the aggregate […] from Bitcoin News https://ift.tt/MlLUZfz
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Chile Busts $88 Million Crypto Laundering Ring Tied to the Sanctioned Tren de Aragua Cartel

An investigation that has been active since 2024 identified an 18-man money-laundering group that used several bank accounts, irregular companies, and cryptocurrency remittances to launder funds from the illegal activities of the Venezuelan Tren de Aragua group. Chile Shuts Down $88 Million Crypto Money Laundering Group Linked To Tren de Aragua A two-year investigation has […] from Bitcoin News https://ift.tt/pGamFMq
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Bitcoin Slides Below $60K as Traders Trigger $1.57B Liquidation Wave Across Crypto

Bitcoin dropped below $60,000 amid a broader crypto market sell-off that erased $200 billion in total market value and triggered $1.57 billion in leveraged liquidations. Liquidations Pass the Billion-Dollar Mark Bitcoin plunged below $60,000 on Friday amid a market-wide sell-off that shaved approximately $200 billion from the crypto economy. According to Bitstamp data, the cryptocurrency […] from Bitcoin News https://ift.tt/RrdPo4I
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FG Nexus Dumps 36,025 ETH as Ethereum Treasury Losses Top $85M

FG Nexus has lost more than $85 million on its ethereum treasury strategy after buying ETH near last year’s highs and selling much of the position at lower prices. The losses highlight the pressure facing public companies that turned to ether as a reserve asset. FG Nexus’ $196M Ethereum Bet Backfires as Losses Surpass $85M […] from Bitcoin News https://ift.tt/gQavuJI
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Visa and Mastercard to Halt Operations in Cuba Following Sweeping US Sanctions

The Central Bank of Cuba announced that the interruption of the credit companies’ activities was linked to the suspension of foreign bank services that processed these transactions. The bank stressed this was a consequence of the expanded sanctions regime on Cuba. Mastercard And Visa Stop Processing Payments In Cuba Mastercard and Visa, two of the […] from Bitcoin News https://ift.tt/2WGcpYS
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Bitwise Model Shows Bitcoin Is Deeply Underpriced at $224K Fair Value Amid Debt Crisis

Bitcoin is currently trading roughly $150,000 below what Bitwise Europe’s sovereign default model says it is worth. That gap widened in May as the price climbed to $83,000 before $1 billion in exchange-traded product (ETP) outflows dragged it back to $72,000, leaving the market compressed at a structural crossroads. Bitcoin Hit $83K Then Crashed to […] from Bitcoin News https://ift.tt/RJ53FUP
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