Bitcoin’s slide back below $60,000 is reviving a fear that has largely been absent from crypto for the past two years: what happens when the market’s biggest buyer comes under pressure just as retail traders lose interest.
Bitcoin signage in Times Square in New York, US, on Tuesday, Dec. 9, 2025. The market is still reeling from a flash crash on Oct. 10 that saw more than $19 billion of crypto bets liquidated, and spot trading volumes have fallen 66% since their January highs.
Exchange-traded funds are attracting cash at a record-breaking trillion-dollar pace despite persistent inflation, war in the Middle East and bouts of market volatility — a testament to American households’ enduring buy-and-hold conviction.
The World Cup is expected to be the biggest sporting event on the planet. It may also become the industry’s biggest chance yet to turn a global sporting spectacle into an engine for speculative trading.
Fans watch the opening match during a World Cup 2026 watch party in Los Angeles on Thursday, June 11, 2026.
Bitcoin’s rebound this week from the depths of despair below $60,000 has reignited a familiar Wall Street ritual: trying to call the bottom.
SpaceX signage during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Friday, June 12, 2026. SpaceX has made history with the biggest-ever IPO, launching it into the top ranks of the largest public companies and putting founder Elon Musk on the verge of becoming the world’s first trillionaire.
Anmelden
