BTC Price News: Bitcoin Spirals Toward $60,000, Headed for Worst Drawdown Since FTX Crash
Bitcoin's 10% drop marks its steepest one-day decline since the FTX collapse, with prices nearing the key $60,000 support level tied to its average holder cost.
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7 Articles
Bitcoin’s Worst Week Since FTX Crashed It Below $65K: These 190 Companies Are Still Holding
Quick Read Bitcoin crashed 50% from $126,000 to below $65,000 in its worst week since FTX collapsed. Strategy holds 3.4% of all Bitcoin at $76,052 average cost and is underwater by $8B. Spot Bitcoin ETFs bled $6.18B since November 2025 while corporate treasuries held positions without selling. Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each a…
Bitcoin drops to $60,000 in flash crashes, losing 17% in 24 hours, in one of the worst sessions since FTX's bankruptcy in 2022. More than $2.7 billion of liquidations hit mostly long positions, while the Fear & Greed index drops to 5 its record low point, signaling extreme capitulation. The drop is spreading to altcoins, cryptic shares and global markets, confirming a general shift towards defensive logic.The capitulation accelerated abruptly Th…
Bitcoin surges to $65,000 after $700 million in early Friday liquidations - Technology Shout
Bitcoin rebounded sharply in Asia on Friday after a new wave of selling pushed the currency to $60,000, extending a brutal downward trend that has left the world’s largest cryptocurrency down more than 50% from its October peak. BTC fell 4.8% late in the U.S. trading session to around $60,033 before rebounding to a high of $65,926. This comes after Bitcoin fell 13% on Thursday, its biggest one-day drop since November 2022, when the collapse of S…
Bitcoin Price Plunges 50%, Drawdown Nears FTX-Era Crash
Bitcoin price is experiencing one of the most dramatic selloffs in its history Thursday, sliding sharply through key support levels and sparking massive liquidations in the derivatives market. According to Bitcoin Magazine Pro data, the world’s largest cryptocurrency crashed through critical floors, dipping towards the $62,000 floor, marking the largest raw dollar drawdown ever recorded for BTC. The October 2025 all-time high above $126,000 now…
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