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Market Cap:
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Bitcoin Bitcoin Share: 58.06%
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Bitcoin.com
2026-06-09 19:37:05

Bitcoin Reverses 24-Hour Rally as Glassnode Flags 8M BTC at a Loss

Bitcoin Reverses 24-Hour Rally as Glassnode Flags 8M BTC at a Loss

Amid escalating geopolitical tensions in the Middle East, bitcoin briefly dropped below $61,000 before rebounding to trade around $61,700—marking a 2.9% daily loss and wiping roughly $30 billion off its market capitalization. Bitcoin Dips Amid Geopolitical Tremors On Tuesday, bitcoin reversed gains made 24 hours earlier, dipping below the $61,000 threshold amid heightened geopolitical tensions

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