{"id":80012,"date":"2023-06-10T10:34:26","date_gmt":"2023-06-10T07:34:26","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=80012"},"modified":"2025-09-11T14:17:18","modified_gmt":"2025-09-11T11:17:18","slug":"bitcoin-price-falls-below-26000","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-price-falls-below-26000\/","title":{"rendered":"Bitcoin price falls below $26,000"},"content":{"rendered":"

Bitcoin prices fell below $26,000 in the early hours of Saturday, June 10.<\/p>\n

At the time of writing, Bitcoin is trading at $25,500. Over the last 24 hours, the asset has fallen by 3.6%, according to CoinGecko<\/a>.<\/p>\n

\"111-56\"
Hourly BTC\/USDT chart on Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

Following Bitcoin, all top-10 assets by market capitalisation slid into the red over the day. Cardano (-24.8%) and Tron (-15.3%) posted the largest losses, while Solana (-27%) dropped to 12th in the ranking.<\/p>\n

\"222-45\"
Data: CoinGecko<\/a>.<\/figcaption><\/figure>\n

The total market capitalisation of cryptocurrencies slipped below $1.1 trillion. Bitcoin’s dominance index stood at 49.2%, Ethereum at 20.8%.<\/p>\n

Earlier this week SEC<\/span> filed suit against leading cryptocurrency exchanges Binance<\/a> and Coinbase<\/a>. The regulator Gary Gensler questioned the need for digital assets and called the crypto industry an outright fraud.<\/p>\n

Cardano founder Charles Hoskinson said the SEC’s case against Binance was motivated by ‘political and philosophical disagreement’<\/a> with the agency’s very existence of cryptocurrencies.<\/p>\n

Investor and Shark Tank star Kevin O\u2019Leary believes that ‘crypto cowboys’ will soon be a thing of the past<\/a>, as the Commission has thrown a ‘legal lasso’ around the two largest Bitcoin exchanges.<\/p>\n

Former CFTC chairman CFTC<\/span> Timothy Massad stated<\/a>, that the future of digital assets depends on the outcomes of the SEC’s lawsuits against Binance and Coinbase.<\/p>\n","protected":false},"excerpt":{"rendered":"

In the early hours of Saturday, June 10, Bitcoin prices fell below $26,000. At the time of writing, Bitcoin is trading at $25,500. Over the last 24 hours, the asset has fallen 3.6%.<\/p>\n","protected":false},"author":1,"featured_media":80013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480],"class_list":["post-80012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"28","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=80012"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80012\/revisions"}],"predecessor-version":[{"id":80014,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80012\/revisions\/80014"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/80013"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=80012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=80012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=80012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}