Bitcoin’s Worst Week Since FTX Raises The Question Traders Don’t Want To Ask

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.  This time, however, the current setup is more complicated, as Bitcoin is reacting to a combination of institutional selling pressure, ETF weakness, and fading confidence after a failed recovery attempt above $82,000. Related Reading Bitcoin’s Drop Brings Back The FTX Comparison Bitcoin’s price action in the first week of…

Bitcoin Holds Above $59.1K Low as Short-Term Charts Signal Oversold Bounce Setup

Key Takeaways Bitcoin’s RSI-14 hit 24 on June 7, 2026, signaling oversold conditions across shorter timeframes. Bitstamp BTC/USD shows 13 of 15 moving averages in sell territory, with the 200-day EMA at $79,916. Bitcoin must close above $63,000 to $64,000 to challenge the bearish daily trend. 1-Hour Chart: Oversold Conditions and Near-Term Upside Attempts The 1-hour chart on Bitstamp is showing the most constructive signal of the three timeframes in this analysis. Bitcoin printed a sequence of higher highs and higher lows during the most recent session, reflecting short-term bullish…

Bitcoin Reaches Deep Undervaluation Zone – Time To Get In?

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. Despite the ongoing market weakness, it appears the latest decline may have pushed Bitcoin into one of its most attractive accumulation zones in years. Power Law Model Produces Rare Bitcoin Undervaluation In a recent post on X, popular market analyst Darkfost highlighted a significant development in Bitcoin’s long-term valuation…

Bitcoin’s Stumble Looks Graceful Next to Zcash’s Faceplant — Week in Review

This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. Bitcoin capitulated below its 200-week moving average with a big red candle, trading at $62,495 as of Friday morning. Ethereum saw similar blood, and the altcoin sector in general collapsed further, even the outliers that were shining in previous weeks. Meanwhile, the stock…

Bitcoin open interest rises as price drop raises Squeeze risk

Bitcoin traders are watching a tense derivatives setup after on-chain analyst Maartunn pointed to a drop in BTC price while open interest moved higher. Summary Bitcoin’s price fell while open interest climbed, showing traders added leverage during market weakness. Rising open interest during a selloff can raise liquidation risk if price moves sharply. Crypto.news reported Bitcoin fell below $60,000 as liquidations crossed $1.7 billion. The setup suggests traders are adding new futures positions while Bitcoin remains under pressure. That can raise short-term risk because crowded leverage often makes price moves…

Causes, Market Impact, And Outlook

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

New Findings Reveal a Groundbreaking Creation That Redefines Our Understanding of Chance – Bitcoin News

Key Takeaways Renato Renner’s ETH Zurich team linked 2 qubits over 30 meters to generate certified randomness. Nature study could strengthen cryptography, gaming and security systems beyond classical methods. ETH Zurich’s findings bolster quantum advantage and may reshape security models after 2026. Inside a 30-meter tunnel in Zurich, two qubits traded microwave whispers and out came numbers no machine could second-guess. An ETH Zurich team led by Renato Renner used entanglement and a two-source extractor to mint a stream of randomness that is certified by physics, not by assumptions about…

Bitcoin Price Crashes To $59K, Sparking Fears Of Deeper Decline

Capital rotation into artificial intelligence may have played a bigger role in Bitcoin’s latest selloff than most market watchers initially assumed. Michael Saylor, whose company Strategy recently sold a portion of its Bitcoin holdings, pushed back on criticism and pointed instead to an unprecedented flow of money into AI infrastructure as a key factor behind the drop. Related Reading Saylor Pushes Back On Blame Strategy’s Bitcoin sale briefly made Saylor a target. TV personality Jim Cramer went as far as to say Saylor had “murdered Bitcoin,” a claim Saylor denied…

Why The Dogecoin Price Could Rally 300x To Cross $20

Dogecoin is trading below $0.09 at the time of writing, which places it more than 88% from its May 2021 all-time high of $0.74, and overlooked in a market that has spent most of 2026 rotating around Bitcoin, Ethereum and XRP.  However, crypto analyst Javon Marks sees something in DOGE’s long-term chart that most traders are missing: a repeating pattern of increasing alt season performances that, if it holds, points to a target above $20 for the meme coin. Related Reading Dogecoin’s Alt-Season Pattern Technical analysis of Dogecoin’s movement on…

7RCC Brings Bitcoin and Carbon Markets Together in New ETF Launch

Key Takeaways 7RCC launched BTCK, an ETF with 80% bitcoin and 20% carbon credit futures exposure. BTCK links bitcoin with the EU, California, and RGGI carbon markets in one listed fund. Gemini custodies BTC as 7RCC targets growing demand for ESG-focused crypto products. BTCK Debuts on NYSE Arca With 80% Bitcoin and 20% Carbon Credit Exposure 7RCC Global has brought one of the crypto market’s earliest ESG-linked bitcoin ETF concepts to public trading. The firm said this week that its 7RCC Spot Bitcoin and Carbon Credit Futures ETF has started…