Aave's AAVE climbed more than 15% in the last 24 hours at press time, pushing above a multi-week resistance level. Over the past 30 days, the protocol accounted for over 50% of decentralized lending fees, totaling $40.69 million, while USDT deposits on its Ethereum Core market moved closer to $3 billion. The breakout has shifted focus to whether buyers can hold former resistance as support and maintain momentum.

Former Fidelity executive and Tx co-founder Mike McCluskey said Bitcoin's drop to $59,018 followed a spillover from South Korea's Kospi sell-off on Tuesday, June 23, rather than crypto-specific issues. He tied the move to a broader semiconductor-led risk-off shift that also pressured tech names such as Nvidia and Micron, alongside $700 million in long liquidations and later $1 billion in total liquidations by Thursday morning. McCluskey added that Bitcoin sitting near its 200-week moving average and the $60,000 level into Friday expiry could act as key support or become a downside trigger.

Veteran trader Bob Loukas said Bitcoin is "not dead" after BTC slid to $59,307 alongside $1.49 billion in margin liquidations. He argued the sell-off fits a four-year cycle cleanout of leverage and warned against expecting a fast rebound. Loukas added the market may need 3 to 5 months of sideways trading, with a new cycle potentially closer to autumn 2026.

A Bitcoin (BTC) flash crash on June 25, 2026, erased $48 billion from its valuation in about 25 minutes.

Bitcoin slid to its lowest level of 2026 on Thursday, touching $58,035 on Bitstamp at 9:55 a.m. Eastern time. Over the past 24 hours, $40 billion has been erased from total crypto market capitalization, pushing it close to falling below the $2 trillion mark. The move underscored broad risk-off sentiment across digital assets.

XRP’s weekly chart has moved into an extremely oversold area that has appeared only once before. The prior instance occurred during the 2022 market dip, when XRP later marked a cycle bottom at $0.29. The setup has revived discussion of whether the latest move could be forming a local low.

Binance saw about $250M in weekly exchange outflows ahead of the MiCA deadline. The figure points to notable capital moving off the platform as the regulatory cutoff approaches.

Bitcoin slipped below the $60,000 mark on June 25 as spot ETF outflows and leveraged liquidations added to selling pressure across crypto markets. BTC fell to around $59,400 after briefly hitting an intraday low near $58,000, dragging major tokens including Ethereum, Solana, XRP and BNB lower. More than $1.48 billion in crypto positions were liquidated over the past 24 hours, underscoring the scale of the move.