Bitcoin’s $60K breakdown sets up a volatility shock as traders load up on downside hedges
June 29, 2026 · 7:15 PM
Bitcoin’s break below the $60,000 area has pushed digital asset markets into a more defensive phase, ending months of narrow trading and exposing a market structure that traders say could amplify the next major move. CryptoSlate's data show the largest cryptocurrency had been moving sideways since February, when it first tested the $60,000 area. That long […] The post Bitcoin’s $60K breakdown sets up a volatility shock as traders load up on downside hedges appeared first on CryptoSlate.
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