Why Is Bitcoin Crashing? Worst Week of 2026, $59,100 Low, and More Than Half of All BTC Now in the Red
Key Takeaways Bitcoin hit a 2026 intraday low of $59,100 on June 5, falling 19.3% in 7 days and 26.8% over 30 days. Coinglass data shows $1.75 billion in liquidations in 24 hours, with 351,233 traders wiped out across crypto markets. More than half of all BTC now sits at an unrealized loss, a signal…
