Cryptocurrency Market Crash Amid Fed Hawkish Stance and Risk-Off Sentiment
In late June 2026, Bitcoin plunged to a 21-month low near $59,000, dragging Ethereum, XRP, and Dogecoin down amid extreme investor fear. The selloff was triggered by the Federal Reserve’s hawkish decision to keep rates steady at 3.75% and signal fewer cuts, strengthening the U.S. dollar. Over $1.4 billion in crypto derivatives were liquidated. The Crypto Fear & Greed Index hit 13, reflecting extreme fear. Despite a historic U.S.-Iran peace deal signed on June 17, crypto markets diverged sharply from rising stock markets, highlighting their sensitivity to monetary policy and risk appetite.
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Hyperliquid Falls 10% Amid Market Rout
On July 17, 2026, Hyperliquid (HYPE) dropped 10% to $60, leading cryptocurrency losses amid a broader market rout. Other major cryptos like Bitcoin, Ethereum, Solana, and XRP also declined. The selloff is attributed to a correction in AI-related stocks, particularly semiconductor companies, dragging down the Nasdaq Composite by over 300 points. Additionally, oil prices surged nearly 3% to above $86 per barrel due to renewed US-Iran hostilities, further weighing on crypto markets. Despite this, Hyperliquid had been one of the best-performing cryptocurrencies this year.
Yahoo FinanceBitcoin, Ethereum, XRP, Dogecoin Jump as Softer Inflation Dims Rate Hike Odds
Major cryptocurrencies rallied on July 14, 2026, following cooler-than-expected June CPI data that reduced the likelihood of a Federal Reserve rate hike. Bitcoin reached $65,000 for the first time in over three weeks, while Ethereum approached $1,900. Over $350 million in crypto positions were liquidated, primarily affecting short traders. Cryptocurrency-related stocks like Strategy Inc. and Bitmine Immersion Technologies also moved. Analyst Michaël van de Poppe identified a 'strong bullish divergence' on Bitcoin's daily chart, suggesting a potential breakout above $65,000 toward $88,000-$92,000. On-chain analytics firm Santiment noted crypto social media chatter near its lowest levels since summer 2024, suggesting a bullish case due to low enthusiasm and sidelined disbelief. The rally occurred despite ongoing geopolitical tensions, including U.S. military strikes against Iran in response to attacks on commercial shipping in the Strait of Hormuz.
Yahoo FinanceBitcoin, Ethereum, XRP, Dogecoin Slide as Trump Warns Iran Strikes Could Get 'Much Worse'
Major cryptocurrencies fell on July 8, 2026, following U.S. strikes on Iran and President Trump's warning that the situation could escalate. Bitcoin slipped under $61,500 before recovering above $62,000, while Ethereum, XRP, and Dogecoin also declined. Over $330 million was liquidated from crypto markets in 24 hours, with $261 million in long positions wiped out. Analyst Ali Martinez identified $63,000 as a key resistance level for Bitcoin bulls, warning of potential declines to $46,000 or $37,870 if support at $59,000 is lost. Santiment noted a spike in war-related crypto chatter, anticipating increased volatility. Stock markets also fell, with the Dow dropping 576 points. Trump declared the tentative ceasefire with Iran 'over' after strikes on Chahbahar.
Yahoo FinanceBitcoin, Ethereum, XRP, Dogecoin Spike as Weak Jobs Data Dims Rate-Hike Odds: Analyst Says 'Markets Are Just Waking Up'
On July 2, 2026, cryptocurrency prices rose sharply after weaker-than-expected U.S. jobs data reduced expectations for a Federal Reserve rate hike. Bitcoin briefly broke $62,000 before settling in the low $61,000 range, while Ethereum surpassed $1,700. Major stock indexes also rallied, with the Dow closing at an all-time high of 52,900.07. The U.S. added only 57,000 jobs in June, missing the 110,000 forecast, and the unemployment rate fell to 4.2%. Over $460 million in cryptocurrency liquidations occurred in 24 hours, mostly short positions. Analyst Michaël van de Poppe remained bullish, saying 'markets are just waking up.' CryptoQuant warned of potential volatility as whale activity increased, noting Bitcoin's failure to hold $60,000 could trigger selling toward $53,000.
Yahoo FinanceBitcoin falls to 21-month low on strategy, rate-hike fears
Bitcoin fell to a 21-month low on Wednesday, July 1, 2026, dropping as much as 1.5% to US$57,742 in Asia trading, its lowest level since September 17, 2024. The decline is driven by hawkish comments from the U.S. Federal Reserve, which are fueling expectations for higher interest rates. This monetary policy outlook is encouraging capital to move away from riskier assets like cryptocurrencies. The article, published by The Business Times Singapore, highlights the impact of central bank strategy on the crypto market.
The Business TimesCrypto Liquidations Hit $1.26 Billion, Wiping Out 209,000 Traders in 24 Hours
A severe selloff in cryptocurrency markets on June 25-26, 2026, resulted in $1.26 billion in liquidations across more than 209,000 traders, according to CoinGlass. Bitcoin dropped to $58,000, down from above $61,800 earlier in the day, continuing a brutal June for leveraged traders. The trigger was hotter-than-expected US PCE inflation data for May, which came in at 4.1% year-over-year versus April's 3.8%, reducing expectations for Federal Reserve rate cuts and sparking a broad risk-asset selloff. The Nasdaq 100 also reversed gains, reflecting a tight correlation between crypto and tech stocks. The Federal Reserve, under Chair Kevin Warsh, held its rate between 3.5% and 3.75% in June and flagged possible rate increases. Over $450 million in leveraged long positions were wiped out in roughly one hour. June has seen multiple large liquidation events, with over $3 billion in positions closed between June 4-6 and a $1.8 billion single-day wipeout on June 2.
Yahoo FinanceBitcoin, Ethereum, XRP, Dogecoin Slump Amid Inflation Concerns; Analyst Eyes July Relief Rally
The cryptocurrency market experienced a significant decline on June 25, 2026, as Bitcoin fell below $59,000 and Ethereum dropped to $1,531, driven by rising inflation fears and potential Federal Reserve rate hikes. The Fed's preferred inflation gauge, the Personal Consumption Expenditure (PCE) price index, hit a 3-year high of 4.1% in May, with traders pricing a 48% chance of a rate increase in September. Over $890 million was liquidated from the crypto market in 24 hours. Analyst Rekt Capital noted a historical pattern suggesting a potential post-breakdown relief rally for Bitcoin in July, though resistance is expected near $63,000. Another analyst, Ali Martinez, highlighted Ethereum's critical support zone between $1,584 and $1,683. Crypto-related stocks like Strategy Inc. and Bitmine Immersion also fell sharply.
Yahoo FinanceBitcoin Crashes to 21-Month Low as 'Extreme Fear' Grips Investors
On June 25, 2026, Bitcoin crashed to a 21-month low, dropping below $59,000 for the first time since September 2024. The decline occurred amid a broad risk-off selloff affecting cryptocurrencies and other speculative assets, driven by deteriorating investor sentiment. Ethereum fell 5.7% to $1,548, and XRP dropped 5.1% to $1.02. The selloff triggered over $1.4 billion in liquidations across crypto derivatives markets, one of 2026's largest liquidation events. The Crypto Fear & Greed Index plunged to 13, indicating 'Extreme Fear.' The retracement is one of the deepest since Bitcoin's record high above $126,000 in October 2025. Despite institutional adoption, Bitcoin has struggled to regain momentum as investors reduce risk exposure.
Yahoo FinanceBitcoin crashes to 21-month low as 'extreme fear' grips investors
On June 25, 2026, Bitcoin fell to its lowest level since September 2024, dropping below $59,000 amid a broad risk-off selloff pressuring cryptocurrencies and other speculative assets. The decline extends months of weakness in digital asset markets despite growing institutional adoption. Bitcoin, which reached record highs above $126,000 in October 2025, experienced one of its deepest retracements. Major altcoins also suffered steep losses, with Ethereum falling 5.7% to $1,548 and XRP dropping 5.1% to $1.02. The sell-off triggered over $1.4 billion in liquidations across crypto derivatives markets in 24 hours, marking one of the largest liquidation events of 2026. Market sentiment deteriorated sharply, with the Crypto Fear & Greed Index falling to 13, placing the market firmly in 'Extreme Fear' territory as investors reduced exposure to risk assets amid accelerating volatility and intensifying selling pressure.
Yahoo FinanceBitcoin Hits 20-Month Low, Ethereum, Dogecoin, XRP Also Decline: Analyst Identifies 'Genuine Battleground' For Beleaguered BTC Amid 'Extreme Fear'
On June 24, 2026, Bitcoin fell below $60,000 for the first time since October 2024, hitting a 20-month low and triggering a broader cryptocurrency selloff. Ethereum dropped to $1,550, while XRP and Dogecoin also declined. Nearly $1 billion was liquidated from crypto markets in 24 hours, with $800 million in long positions wiped out. The Crypto Fear & Greed Index showed 'Extreme Fear' sentiment. Analyst Rekt Capital warned that a daily close below $60,000 could confirm further downside. CryptoQuant noted the $60,000 level has become a 'genuine battleground' between weak and strong hands. Cryptocurrency-related stocks like Strategy Inc. fell sharply. The broader stock market also declined ahead of the crucial PCE inflation report, with markets pricing a 50% chance of a Fed rate hike in September.
Yahoo Finance'Painful' Bitcoin Sell-Off Drags Ethereum, XRP and Dogecoin Lower as Crypto Stocks Dive
On June 24, 2026, a widespread sell-off in cryptocurrency markets intensified, with Bitcoin falling to a 21-month low of $59,217 before recovering to $60,700, down 2.7% in 24 hours. Ethereum dropped 3.1% to $1,610, XRP fell 3.1% to $1.07 (threatening a sub-$1 level for the first time since Trump's 2024 reelection), and Dogecoin declined 4.6% to $0.075 (lowest since late 2023). Solana lost 2.6% to $67. The downturn was attributed to a risk-off sentiment on Wall Street, hawkish Fed comments suggesting a September rate hike, and lowered trader engagement ahead of summer. Crypto-linked stocks suffered heavy losses: Strategy plunged 9% to a 27-month low, Coinbase fell 5%, Robinhood slid 5.8%, and BitMine dropped 7.4% to a yearly low. Analysts from Bitwise and Wintermute described the sell-off as painful but noted historical patterns of recovery and continued technology adoption.
Yahoo FinanceBitcoin, XRP crash as fear reaches peak
On June 24, 2026, Bitcoin and XRP experienced sharp declines amid a broader risk-off sentiment in global financial markets. Bitcoin fell below the $60,000 mark, trading at $59,870, a 4.2% drop in 24 hours, while XRP dropped 6.4% to $0.98. The sell-off triggered over $657 million in crypto derivatives liquidations. The Crypto Fear & Greed Index plummeted to 18, indicating extreme fear among investors. The technology sector also faced pressure, with the Nasdaq Composite down 0.44% and major tech stocks like Oracle and Nvidia declining. Analyst commentary noted Bitcoin increasingly trades like a high-growth tech stock during market stress. The article was published by TheStreet on Yahoo Finance.
Yahoo FinanceRipple Drops 6%, Bitcoin Falls 5% in Crypto Pullback Defying Stock Rally
On June 18, 2026, cryptocurrency markets experienced a sharp pullback, with Ripple (XRP) falling 6% to $1.14 and Bitcoin (BTC) dropping 5% to $62,500, diverging from a rising U.S. stock market. Ethereum also declined, pulling the total crypto market cap to $2.15 trillion near a yearly-low technical floor. The Crypto Fear & Greed Index fell to 'extreme fear' at 19. The selloff was triggered by a hawkish Federal Reserve decision on June 17, which held rates steady at 3.75% but signaled fewer rate cuts than expected, strengthening the U.S. dollar and pressuring risk assets. Over $200 million in crypto long positions were liquidated within four hours, amplifying losses. Bitcoin saw $102 million in liquidations, 71% from longs. The divergence with equities was notable: the NASDAQ 100 rose 2.4% while the VIX remained normal at 16.68. Future catalysts include the CLARITY Act markup in the U.S. Senate, a potential positive regulatory development for XRP.
Yahoo FinanceCryptocurrencies Fall Despite Trump Signing Iran Peace Deal; Analyst Calls Bitcoin Recovery Fragile
On June 17, 2026, President Donald Trump signed a historic Memorandum of Understanding with Iran, mediated by Pakistan, to end all hostilities. Despite this geopolitical breakthrough, major cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin declined, with Bitcoin dropping from $66,000 to below $64,000. Nearly $440 million was liquidated from crypto markets in 24 hours, with $300 million in long positions wiped out. Meanwhile, U.S. stock futures rallied sharply, with the Dow up 260 points. Analysts at Santiment attributed the crypto sell-off to a classic 'buy the rumor, sell the news' reaction to the Federal Reserve's decision to keep interest rates unchanged. CryptoQuant noted Bitcoin's spent output profit ratio as a concerning signal. The global crypto market cap fell 0.85% to $2.25 trillion.
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