Crypto News, June 26: Bitcoin Price Retested $58K, Ethereum Touched Double Bottom, MSTR Crashes, $3Billion Outflow - Time to Stack Sats?

Crypto News, June 26: Bitcoin Price Retested $58K, Ethere... Bitcoin price retested $58K, Ethereum formed a double bottom, while MSTR plunged 10% as $3B in outflows rattled crypto markets. The post Crypto News, June 26: Bitcoin Price Retested $58K, Ethereum Touched Double Bottom, MSTR Crashes, $3Billion Outflow - Time to Stack Sats? appeared first on Cryptone... Today might be a bad weekend, as it arrived with one of the largest options expiries of the year. Bitcoin price retested lower levels overnight, Ethereum touched low $1,500, and MSTR came under heavy pressure. Today's moves center on positioning ahead of major derivatives settlement.So why did Bitcoin slip? Last nightâEUR(TM)s selling pressure coincided with the approach of one of the biggest options expiries. It is expected, and it happened that large players were adjusting positions or selling into the rumor, triggering the move lower before the actual event. It just feels worse because the current conditions show thin liquidity, which exaggerates price swings.What's next? Will July be better?Bitcoin (BTC)24h7d30d1yAll timeDiscover: The Best Crypto to Diversify Your PortfolioBitcoin Price Eyes Post-Expiry Clarity, Ethereum Shows Selective BuyingInterestingly, Bitcoin has posted near-zero average returns in June over the past twelve years. July, by contrast, has delivered stronger gains averaging around 7.5% across multiple cycles. This pattern shows July as one of BitcoinâEUR(TM)s historically better-performing months compared to June.Bitcoin price action has been volatile as it dipped toward the $58K area before recovering above $60K in recent hours as fresh long positions appeared. The options expiries are unfolding today, with $10.6 billion in contracts set to settle, mostly on Deribit and CME futures plus options.But, ironically, 80% of those contracts are already out of the money following JuneâEUR(TM)s decline. Negative dealer gamma means price moves could feel sharper until the market clears the $68KâEUR"$70K zone, where positioning may shift.Don't Miss Out on Our $1,000 USDT Airdrop on ByBit Ethereum price has lagged in percentage, but looks like a double bottom if forming after this early AM dip. Despite the weakness, there are signs of selective accumulation. Sharplink has reportedly bought Ethereum for the first time in eight months. But this doesn't really help the altcoins' case. This cycle, the altcoin market has largely followed BitcoinâEUR(TM)s direction with BTC Dominance dominating and refusing to drop below 50%.Discover: The Best Token PresalesMSTR Faces Heavy Selling PressureStrategy is also facing investor probes over its Bitcoin scheme and recent financial disclosures. Law firms have launched investigations into potential issues that may have affected shareholders amid the company's large unrealized losses. Its stock decline has likely happened because the market reacts to these developments. As of today, MSTR has dropped by 10%. STRATEGY CLASS ACTION LAWSUIT INVESTIGATION GOES LIVE: INVESTORS CAN JOIN WITH A SINGLE CLICKRosen Law Firm has launched a webpage allowing investors who purchased Strategy securities ($MSTR, $STRF, $STRC, $STRK, and $STRD) to join its prospective class action investigationâEUR¦ pic.twitter.com/jpBXcOUc7k- Bitcoin News (@BitcoinNewsCom) June 25, 2026 While Strategy is being hit by billions in unrealized losses, June spot Bitcoin ETF outflows have exceeded $3 billion, contributing to the pain. Bitcoin price is holding near key long-term averages, and Ethereum remains under pressure but has found short-term support.The expiry itself is the main event today, although most contracts are already out of the money, and the settlement could remove a layer of selling pressure. Outflows have been big and bad, yet OGs and big holders are using the weakness to add spot exposure.Should we be bullish or bearish? Stablecoin adoption and layer-2 progress are advancing. Bitcoin, Ethereum, and the market may still face choppiness, but what goes down usually goes up.Don't Miss Out on Our $1,000 USDT Airdrop on ByBitThe post Crypto News, June 26: Bitcoin Price Retested $58K, Ethereum Touched Double Bottom, MSTR Crashes, $3Billion Outflow - Time to Stack Sats? appeared first on Cryptonews. Market Context The cryptocurrency market remains highly dynamic, with digital assets experiencing significant price movements driven by institutional adoption, regulatory developments, and technological innovations. Investors should consider both the potential rewards and risks associated with crypto investments. ...