Bitcoin Breaks Its Floor as Crypto Splits From Stocks
Bitcoin fell below its two‑week base, sliding toward $59,700 and briefly near $58,000. Ether dropped to a 2026 low around $1,550, marking the steepest decline among major cryptocurrencies. The crypto market decoupled from equities as a tech‑stock sell‑off pulled risk assets lower while inflation‑related factors supported stocks and gold.
- ▪Bitcoin slid toward $59,700, dipping near $58,000 on June 25, breaking below its two‑week base.
- ▪Ether fell to a 2026 low near $1,550, down more than 5%, the day’s hardest fall among the majors.
- ▪Crypto decoupled from stocks as soft inflation lifted equities and steadied gold, while digital assets fell.
- ▪A tech‑stock tumble, led by chips and AI names, triggered the risk‑asset decline that impacted crypto.
- ▪Tether briefly surpassed Ether in market value, highlighting how far ETH has sunk.
Opening excerpt (first ~120 words) tap to expand
Markets Bitcoin Breaks Its Floor as Crypto Splits From Stocks By Richard Mann · June 26, 2026 · 10 min read Daily Brief The morning intel from across Latin America. Free. Subscribe By subscribing you agree to our privacy policy. We never share your email. Key Facts Bitcoin slid toward 59,700, dipping near 58,000 on June 25, breaking below its two-week base. Ether routed to a 2026 low near 1,550 — down more than 5%, the day’s hardest fall among the majors. Crypto decoupled from stocks — soft inflation lifted equities and steadied gold, but digital assets fell. A tech-stock tumble was the trigger — chips and AI names dropped, dragging risk assets down with them. Tether briefly passed Ether by market value — a symbolic marker of how far ETH has sunk.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Rio Times.
Discussion
0 commentsMore from The Rio Times
