Bitcoin crashes to 21-month low as 'extreme fear' grips investors

Arjun Parashar

Thu, June 25, 2026 astatine 12:30 PM CDT 1 min read

Bitcoin fell to its lowest level since September 2024 connected June 25 arsenic a wide risk-off selloff continued to unit cryptocurrencies and different speculative assets.

The latest diminution comes aft months of weakness crossed integer plus markets. 

Despite increasing organization adoption and continued involvement from large fiscal firms, Bitcoin has struggled to regain momentum arsenic investors trim vulnerability to hazard assets.

Related: Nasdaq-listed steadfast makes a drastic determination to spell each successful connected Bitcoin

Bitcoin falls to lowest level since September 2024

Bitcoin dropped beneath $59,000 connected June 25, extending a crisp sell-off that has swept crossed the crypto market. The determination pushed Bitcoin backmost to levels not seen since September 2024. 

Historical marketplace information shows Bitcoin traded astir $58,100 connected Sept. 13, 2024, making the existent sell-off 1 of the deepest retracements since the plus reached grounds highs supra $126,000 successful October 2025.

Last clip Bitcoin traded astatine this level. Source: CoinGecko.

The broader marketplace besides moved lower, with large altcoins posting steep losses arsenic traders rushed to trim hazard vulnerability amid deteriorating sentiment.

Ethereum fell 5.7% to $1,548, portion XRP dropped 5.1% to $1.02, according to marketplace information astatine the clip of writing.

Trending connected TheStreet Roundtable:

• Analyst compares Saylor's Strategy to bankrupt crypto company

• Standard Chartered predicts 5,000% upside for struggling token

• SEC's astonishing determination this week could alteration banal trading

The sell-off triggered important liquidations crossed crypto derivatives markets. 

Crypto marketplace heatmap astatine presstime: CoinMarketCap

CoinGlass information shows much than $1.4 cardinal worthy of positions were liquidated implicit the past 24 hours, marking 1 of the largest liquidation events of 2026.

Market sentiment has besides deteriorated sharply. The Crypto Fear & Greed Index fell to 13, placing the marketplace firmly successful "Extreme Fear" territory.

The speechmaking suggests investors stay highly cautious arsenic volatility accelerates and selling unit intensifies. 

Related: Analyst compares Saylor's Strategy to bankrupt crypto company

This communicative was primitively published by TheStreet connected Jun 25, 2026, wherever it archetypal appeared successful the MARKETS section. Add TheStreet arsenic a Preferred Source by clicking here.