{"id":431955,"date":"2026-06-25T21:16:38","date_gmt":"2026-06-25T15:46:38","guid":{"rendered":"https:\/\/dripp.zone\/news\/bitcoins-60k-rebound-just-collapsed-as-427m-in-long-liquidations-followed-sticky-inflation-data-crypto-news\/"},"modified":"2026-06-25T21:31:43","modified_gmt":"2026-06-25T16:01:43","slug":"bitcoins-60k-rebound-just-collapsed-as-427m-in-long-liquidations-followed-sticky-inflation-data-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoins-60k-rebound-just-collapsed-as-427m-in-long-liquidations-followed-sticky-inflation-data-crypto-news\/","title":{"rendered":"Bitcoin\u2019s $60K rebound just collapsed as $427M in long liquidations followed sticky inflation data &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Bitcoin&#8217;s rebound above $60,000 just failed because the bundle of U.S. macro data released June 25 gave risk traders the opposite of clean relief: sticky inflation, firm demand, a stronger growth revision, fewer jobless claims, and resilient ex-transport orders.<\/p>\n<p>Bitcoin briefly flash-crashed in a liquidation-driven flush, falling from an intraday high near $61,844 to a low of about $58,189 before recovering part of the move, trading around $59,630. The rebound leaves BTC off the intraday lows as of press time, but the price remains\u00a0below the pre-drop range.<\/p>\n<p>The move coincided with a heavily one-sided liquidation event. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/liquidations\/BTC\">CoinGlass<\/a>\u00a0liquidation readouts showed about $482 million in crypto liquidations over one hour, with roughly $427 million coming from longs and only about $54 million from shorts, while BTC accounted for about $272 million of the total.<\/p>\n<p>The equity move was also sharp but partially retraced. SPY dropped from the high-$730s into the $728 to $730 area before rebounding to $737 on the latest 30-minute candle. That candle showed an open at $735, a high at $737, a low at $734, and a close at $737, while the chart label still showed SPY down about 1.30%.<\/p>\n<p>DXY reversed lower after trading up toward the 101.8 area, falling back to 101.376 on the latest print. The U.S. 10-year yield also dropped hard, moving from the upper-4.4% area to around 4.374%, leaving rates near the lower end of the displayed range after the flash move.<\/p>\n<p>The move kept Bitcoin closer to the $58,000 area than to a restored upside range, turning $60,000 from a recovery target into the line buyers still had to prove.<\/p>\n<div class=\"cs-article-embed\"> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/americas-bitcoin-buying-turns-negative-as-btc-drifts-closer-to-the-57300-liquidation-trap\/\" class=\"cs-article-embed__link\"><\/p>\n<div class=\"cs-article-embed__media\"> <noscript><\/noscript><img class=\"lazyload\" width=\"1024\" height=\"576\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/bitcoin-negative-1024x576.jpg\" alt=\"America\u2019s Bitcoin buying turns negative as BTC drifts closer to the $57,300 liquidation trap\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">America\u2019s Bitcoin buying turns negative as BTC drifts closer to the $57,300 liquidation trap<\/h3>\n<p>Bitcoin has lost 16% this month while ETF redemptions and weak US trading activity deepen pressure on the market.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">Jun 24, 2026<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Oluwapelumi Adejumo<\/span><\/p>\n<\/div>\n<p> <\/a><\/div>\n<p>The rejection was more than another chart-level failure. The release arrived after Bitcoin had already slipped below $60,000, then denied traders the soft-data narrative that could have helped risk assets rebound.<\/p>\n<p>The June 25 releases showed sticky price pressure, high income and spending, a firmer growth revision, fewer jobless claims, and an orders report whose weak headline was softened by a stronger ex-transport reading.<\/p>\n<h2>The data undercut the relief trade<\/h2>\n<p>The most direct pressure came from the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bea.gov\/news\/2026\/personal-income-and-outlays-may-2026\">May personal income and outlays release<\/a>. BEA said personal income rose 0.7%, disposable personal income rose 0.7%, PCE rose 0.7%, and real PCE rose 0.3%.<\/p>\n<p>Prices also stayed elevated. The headline PCE price index rose 0.4% month over month and 4.1% year over year, while core PCE rose 0.3% month over month and 3.4% year over year.<\/p>\n<p>That combination gave the market a difficult mix. Spending and income were still expanding, while inflation had not cooled enough to make quick policy relief easier to price.<\/p>\n<p>For Bitcoin, that meant the rebound was fighting the same macro headwind that often hits long-duration and high-beta assets first.<\/p>\n<div class=\"cs-article-embed\"> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/bitcoins-pce-reaction-could-collide-with-a-quarterly-options-expiry-hours-later\/\" class=\"cs-article-embed__link\"><\/p>\n<div class=\"cs-article-embed__media\"> <noscript><img width=\"1024\" height=\"576\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/bitcoin-pce-options-1024x576.jpg\" alt=\"Bitcoin price faces midweek squeeze that will decide whether $60,000 holds\" loading=\"lazy\" decoding=\"async\"\/><\/noscript><img class=\"lazyload\" width=\"1024\" height=\"576\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/bitcoin-pce-options-1024x576.jpg\" alt=\"Bitcoin price faces midweek squeeze that will decide whether $60,000 holds\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Bitcoin price faces midweek squeeze that will decide whether $60,000 holds<\/h3>\n<p>May PCE prints Thursday and more than $10 billion in Bitcoin options settle the next morning, compressing two of the week&#8217;s biggest catalysts into a single 24-hour window.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">Jun 23, 2026<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Andjela Radmilac<\/span><\/p>\n<\/div>\n<p> <\/a><\/div>\n<p>The growth data reinforced that message. BEA&#8217;s <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bea.gov\/news\/2026\/gdp-third-estimate-industries-corporate-profits-state-gdp-and-state-personal-income-1st\">third estimate for first-quarter GDP<\/a> revised real growth to a 2.1% annualized pace from the second estimate of 1.6%.<\/p>\n<p>A stronger growth revision alongside sticky inflation usually keeps immediate rate relief harder to price.<\/p>\n<p>Labor data added another piece. The Labor Department&#8217;s <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.dol.gov\/ui\/data.pdf\">weekly claims report<\/a> showed initial jobless claims at 215,000 for the week ending June 20, down from the prior week&#8217;s revised 227,000.<\/p>\n<p>Lower claims kept the labor-market slowdown argument from carrying the risk-asset rebound.<\/p>\n<p>Durable goods were more mixed, but the detail still leaned against an easy dovish interpretation. The Census Bureau&#8217;s <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.census.gov\/manufacturing\/m3\/adv\/current\/index.html\">advance durable goods report<\/a> showed May orders down 4.5% as transportation equipment drove the decrease.<\/p>\n<p>Orders excluding transportation rose 1.3%, which made the underlying signal more resilient than the headline decline suggested.<\/p>\n<table>\n<thead>\n<tr>\n<th>Data point<\/th>\n<th>Latest reading<\/th>\n<th>Why it pressed risk assets<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>May PCE prices<\/td>\n<td>Headline +0.4% monthly, +4.1% yearly; core +0.3% monthly, +3.4% yearly<\/td>\n<td>Inflation stayed too sticky for a clean relief trade<\/td>\n<\/tr>\n<tr>\n<td>Income and spending<\/td>\n<td>Personal income +0.7%; PCE +0.7%; real PCE +0.3%<\/td>\n<td>Demand looked firm rather than clearly slowing<\/td>\n<\/tr>\n<tr>\n<td>Q1 real GDP<\/td>\n<td>Revised to +2.1% annualized from +1.6%<\/td>\n<td>Growth looked stronger than the prior estimate<\/td>\n<\/tr>\n<tr>\n<td>Jobless claims and durable goods<\/td>\n<td>Claims fell to 215,000; ex-transport durable goods orders rose 1.3%<\/td>\n<td>Labor and orders detail limited the slowdown argument<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/ig_02f510d135311b1f016a3d3dbfadfc8191b2ca0fd97dd6e607.png\" target=\"_blank\" rel=\"noopener\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-544271\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/ig_02f510d135311b1f016a3d3dbfadfc8191b2ca0fd97dd6e607.png\" alt=\"Infographic showing Bitcoin at $58,767.51 and the June 25 macro data bundle that pushed risk assets away from a relief trade.\" width=\"720\" height=\"1518\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/ig_02f510d135311b1f016a3d3dbfadfc8191b2ca0fd97dd6e607.png 864w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/ig_02f510d135311b1f016a3d3dbfadfc8191b2ca0fd97dd6e607-142x300.png 142w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/ig_02f510d135311b1f016a3d3dbfadfc8191b2ca0fd97dd6e607-486x1024.png 486w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/ig_02f510d135311b1f016a3d3dbfadfc8191b2ca0fd97dd6e607-768x1619.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/ig_02f510d135311b1f016a3d3dbfadfc8191b2ca0fd97dd6e607-729x1536.png 729w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" class=\"lazyload aligncenter wp-image-544271\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/ig_02f510d135311b1f016a3d3dbfadfc8191b2ca0fd97dd6e607.png\" alt=\"Infographic showing Bitcoin at $58,767.51 and the June 25 macro data bundle that pushed risk assets away from a relief trade.\" width=\"720\" height=\"1518\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/ig_02f510d135311b1f016a3d3dbfadfc8191b2ca0fd97dd6e607.png 864w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/ig_02f510d135311b1f016a3d3dbfadfc8191b2ca0fd97dd6e607-142x300.png 142w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/ig_02f510d135311b1f016a3d3dbfadfc8191b2ca0fd97dd6e607-486x1024.png 486w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/ig_02f510d135311b1f016a3d3dbfadfc8191b2ca0fd97dd6e607-768x1619.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/ig_02f510d135311b1f016a3d3dbfadfc8191b2ca0fd97dd6e607-729x1536.png 729w\" data-sizes=\"(max-width: 720px) 100vw, 720px\"\/><\/a><\/p>\n<div id=\"cs-inline-newsletter-6a3d4713b80b1\" class=\"cs-inline-newsletter\" data-inline-newsletter=\"\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\"> <span class=\"cs-inline-newsletter__eyebrow\">CryptoSlate Daily Brief<\/span><\/p>\n<h3 class=\"cs-inline-newsletter__title\">Daily signals, zero noise.<\/h3>\n<p class=\"cs-inline-newsletter__copy\">Market-moving headlines and context delivered every morning in one tight read.<\/p>\n<p> <span><i class=\"fa-regular fa-bolt\" aria-hidden=\"true\"\/> 5-minute digest<\/span> <span><i class=\"fa-regular fa-star\" aria-hidden=\"true\"\/> 100k+ readers<\/span><\/p>\n<\/div>\n<div class=\"cs-inline-newsletter__form-shell\">\n<p class=\"cs-inline-newsletter__privacy\">Free. No spam. Unsubscribe any time.<\/p>\n<p> <i class=\"fa-regular fa-circle-xmark\" aria-hidden=\"true\"\/> <span>Whoops, looks like there was a problem. Please try again.<\/span><\/p>\n<p> <i class=\"fa-regular fa-circle-check\" aria-hidden=\"true\"\/> <span>You\u2019re subscribed. Welcome aboard.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<h2>Bitcoin became the high-beta expression<\/h2>\n<p>The market reaction required a smaller catalyst than a uniform downside surprise would have. The full bundle only had to weaken the idea that U.S. data had softened enough to pull policy expectations lower.<\/p>\n<p>That is why the failed reclaim near $60,000 was different from a standalone support test. Bitcoin was already fragile after its latest slide, and the macro release arrived at the moment buyers needed a reason to defend the rebound.<\/p>\n<p>The data indicated an economy that still had sufficient demand and labor strength to keep inflationary pressures relevant.<\/p>\n<p>CryptoSlate&#8217;s Bitcoin data showed how far the asset had already moved. BTC&#8217;s 8.01% seven-day decline and $48 billion in 24-hour volume pointed to heavy trading around the break.<\/p>\n<p>The $60,000 level had become both a confidence test and a round number.<\/p>\n<p>The market also entered the release with other crypto-specific stress points already in view. Recent CryptoSlate coverage had mapped <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/americas-bitcoin-buying-turns-negative-as-btc-drifts-closer-to-the-57300-liquidation-trap\/\">liquidation risk near the $57,300 area<\/a>, ETF-flow pressure around <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/bitcoin-is-sliding-toward-a-fifth-straight-monthly-loss-and-wall-streets-etf-flows-may-decide-58000\/\">the $58,000 zone<\/a>, and the possibility that Bitcoin&#8217;s PCE reaction could collide with <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/bitcoins-pce-reaction-could-collide-with-a-quarterly-options-expiry-hours-later\/\">quarterly options expiry<\/a>.<\/p>\n<div class=\"cs-article-embed\"> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/bitcoin-is-sliding-toward-a-fifth-straight-monthly-loss-and-wall-streets-etf-flows-may-decide-58000\/\" class=\"cs-article-embed__link\"><\/p>\n<div class=\"cs-article-embed__media\"> <noscript><img width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/02\/bitcoin-cliff-1-1024x538.jpg\" alt=\"Bitcoin on track for 5th straight monthly loss as ETF outflows put $58,000 in sight\" loading=\"lazy\" decoding=\"async\"\/><\/noscript><img class=\"lazyload\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/02\/bitcoin-cliff-1-1024x538.jpg\" alt=\"Bitcoin on track for 5th straight monthly loss as ETF outflows put $58,000 in sight\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Bitcoin on track for 5th straight monthly loss as ETF outflows put $58,000 in sight<\/h3>\n<p>Wall Street now controls 55% of Bitcoin trading \u2014 and $58,000 is the level everyone should be watching.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">Feb 24, 2026<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Oluwapelumi Adejumo<\/span><\/p>\n<\/div>\n<p> <\/a><\/div>\n<p>Those factors can intensify a move once the price starts to slide, while the macro release provided the broader reason the rebound lost support.<\/p>\n<p>Bitcoin&#8217;s next attempt at $60,000 now looks tied to broader liquidity conditions rather than only to crypto-native dip buying.<\/p>\n<p>If risk assets stabilize after absorbing the June 25 releases, BTC can treat the data shock as another failed downside push and try to rebuild above the reclaim line.<\/p>\n<p>That path would require the market to stop treating strong activity data and sticky inflation as a fresh reason to keep pressure on high-beta assets.<\/p>\n<p>If the dollar and rate-sensitive parts of the market continue to weigh on risk, the $58,000 area remains exposed. That would keep liquidation-zone and ETF-flow pressure relevant as accelerants, especially with options expiry close enough to affect positioning.<\/p>\n<p>The next signal is bigger than crypto-native dip buying. Bitcoin needs the macro backdrop to stop fighting the rebound before buyers can turn $60,000 back into support.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8217;s rebound above $60,000 just failed because the bundle of U.S. macro data released June 25 gave risk traders the opposite of clean relief: sticky inflation, firm demand, a stronger growth revision, fewer jobless claims, and resilient ex-transport orders. Bitcoin briefly flash-crashed in a liquidation-driven flush, falling from an intraday high near $61,844 to a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":431956,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-431955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/431955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=431955"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/431955\/revisions"}],"predecessor-version":[{"id":431957,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/431955\/revisions\/431957"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/431956"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=431955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=431955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=431955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}