Bitcoin drops to $62,000 as US and Iran clash again
July 8, 2026
A fresh exchange of US and Iran airstrikes sent bitcoin down 2.5% and triggered about $450 million in liquidations, mostly across altcoins.
A fresh exchange of US and Iran airstrikes sent bitcoin down 2.5% and triggered about $450 million in liquidations, mostly across altcoins.
The Barstool founder bought near $100,000 and now refuses to sell, while whales accumulate and ETF investors head for the exits
Solana leads the rebound after the Fed chair’s Sintra remarks while an AI stock selloff stokes talk of money rotating back into crypto
The company that vowed never to sell now plans up to $1.25 billion in bitcoin sales to fund buybacks and dividends.
The market values Michael Saylor’s company at less than its $51 billion bitcoin stash, ending years of premium pricing.
Bitcoin trades under a level it last closed beneath in October 2023 after its worst week of 2026.
A $1.48 billion liquidation cascade and weeks of ETF redemptions pushed Bitcoin to its lowest level since October 2024.
The largest quarterly settlement of 2026 cleared with about 80% of bitcoin contracts worthless as spot held below $59,000.
A flipped dot plot erased the cheap-money bet underpinning crypto, triggering $440M in liquidations