The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Extending a prolonged downtrend, Bitcoin hit a multi-year low, falling 2.0% to $59,413.05 at the US market close on June 25, according to reports. Ethereum dropped 2.9% to $1,559.52, while Solana slid 1.5% to $66.26, reflecting broad-based selling pressure across the crypto market.
Sign in to access this content
Sign InThe selloff comes amid a challenging macro backdrop for risk assets, with the Fed's Waller speech (June 22) and ECB's Lagarde speech reinforcing tight monetary policy expectations. Bitcoin has lost over 50% from its all-time high, as regulatory uncertainty and institutional adoption slowdown weigh on sentiment.
BTC/USD closed at $59,413.05 on June 25, a key level that may be tested again. Traders are closely watching upcoming US inflation data and central bank commentary for direction, with no clear catalysts to reverse the bearish trend in the near term.