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Bitcoin bounces from $58,000 as derivatives signal more pain in the pipeline

Crypto CoinDesk By Oliver Knight 26 Jun 2026 11:03 1 min read
Bitcoin bounces from $58,000 as derivatives signal more pain in the pipeline

BTC touched its lowest level since September 2024 before rebounding to $59,770, while ETH slipped further and another $1 billion in futures positions were wiped out.

BTC touched its lowest level since September 2024 before rebounding to $59,770, while ETH slipped further and another $1 billion in futures positions were wiped out.

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