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Why Bitcoin has lost more than $1 trillion in value in just eight months
Bitcoin experienced its steepest weekly drop since the FTX collapse, driven by outflows from ETFs, AI stock competition, and shifting interest-rate expectations. Technical indicators have weakened, with Bitcoin falling below its 200-week moving average, signaling potential further declines as investors chase AI gains over crypto.
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cryptobriefing.com
Bitcoin, Ethereum see largest weekly drop since FTX, market cap down $390B
Bitcoin and Ethereum face their largest weekly drop since FTX, with Bitcoin above $62K by June 9, 2026 at 49.5% YES.
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Bitcoin drops below $60,000 for first time since 2024 election
Bitcoin fell below $60,000 for the first time since the 2024 election, down over 50% from its all-time high as ETF outflows and MicroStrategy sales rattle
