Bitcoin Slides 50% from $120K to Below $60K on Deleveraging; BlackRock Cites Liquidations, Not Fundamentals
According to BlackRock's whitepaper published in August 2026, Bitcoin's steep pullback from over $120,000 in October 2025 to below $60,000 by June 2026 resulted from extreme speculative positioning and flow shifts rather than structural changes in the cryptocurrency's long-term trajectory. Futures o
BTC0.04%
GateNews·08-20 11:52
