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At Close: Jun 17, 2026
Bitcoin drops through $58,000 as analysis highlights ongoing BTC seller interest throughout 2024.
Bitcoin miners are showing signs of capitulation with declining hash rates and increased selling pressure, potentially signaling a price bottom

Why is Bitcoin down today? BTC crushes to $58K

03:07am, Thursday, 04'th Jul 2024
The largest crypto, Bitcoin, dropped below $59,000 on Thursday, marking its lowest point since late April. This decline was driven by concerns over potential selling pressure from the defunct exchange
The current price of Bitcoin is $58,854. This means that the largest crypto by market cap has dropped to its lowest point in two months. This is a very serious development when it comes to the crypto
Cryptocurrency analyst Kevin Svenson is saying that Bitcoin (BTC) could reach its cycle top within the coming months. Svenson tells his 78,600 YouTube subscribers that based on Bitcoin's post-halving
The cryptocurrency market continues to face turbulence as Bitcoin's price drops by 3.65% intraday and 14.65% over the past month, reaching $58,830 on July 4. Amidst this ongoing decline, prominent cry
Mike Novogratz, CEO of Galaxy Digital, is optimistic about future US cryptocurrency regulations regardless of the 2024 presidential election outcome.
According to recent data from CryptoQuant, the Bitcoin mining industry is showing signs of "capitulation."
Crypto market liquidations surged to their highest level in a week on Wednesday, triggered by Bitcoin's price drop below $60,000.
As the global financial markets prepare to launch U.S.-based spot Ethereum exchange-traded funds (ETFs), Ethereum is positioned to potentially outperform Bitcoin, according to a new analysis by K33 Re
CleanSpark achieves an average hashrate of 17.85 EH/s, mining around 14.83 BTC daily, with a single-day high of 22.41 BTC.
The price of Bitcoin briefly dropped as low as $57,900 amid a wider sell-off in the crypto market.
Mentions of “buy the dip” on Reddit, X, 4chan and Bitcoin Talk doubled over the last two days as Bitcoin has fallen to lows unseen in months.
Bitcoin price failed to start a fresh increase above the $62,850 resistance zone. BTC started another decline and tumbled 5% to test $58,000.
Bitfarms has recently emerged as a standout performer, defying industry challenges with a notable surge in Bitcoin production during June. This achievement not only underscores Bitfarms' operational r
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