Ethereum

Bitcoin

Read

Real

Bitcoin<a href="https://yellow.com/asset/btc" rel="noopener noreferrer nofollow">(BTC)</a> fell <a href="https://yellow.com/news/is-dollar58k-next-bitcoin-tests-critical-support-zone" rel="noopener noreferrer nofollow">toward $58,000</a> on Jun. 25 after U.S. inflation data revived concerns over tighter monetary policy.
<h2 id="key-points">Key Points:</h2>
<blockquote>
 <ul>
 <li>Bitcoin dropped to about $58,200 after May PCE inflation rose 4.1% from a year earlier.</li>
 <li>CoinGlass data showed $212.35 million in BTC long liquidations within one hour.</li>
 <li>The broader crypto market saw $1.34 billion in total liquidations as traders reacted to the macro data.</li>
 </ul>
</blockquote>
<h2 id="bitcoin-drop">Bitcoin Drop</h2>
Bitcoin <a href="https://coingape.com/bitcoin-crashes-to-58k-as-us-pce-inflation-rises-to-3-year-high-at-4-1/" rel="noopener noreferrer nofollow">extended</a> its decline Thursday after the U.S. Bureau of Economic Analysis said the Personal Consumption Expenditures price index rose 4.1% in May from a year earlier.
The reading was higher than the prior 3.8% figure and marked the strongest annual increase in three years, according to the report. Monthly headline PCE inflation rose 0.4%, while core PCE, which excludes food and energy, increased 0.3% for the month.
The data came in below Wall Street expectations of 4.2% annually and 0.5% monthly, but it still pressured crypto because inflation remained far above the Federal Reserve’s 2% target.
Bitcoin traded at $58,183.51 at press time, down 4.98% on the day, according to the figures cited in the report. TradingView data showed the sharp intraday decline, while CoinGlass reported $212.35 million in BTC long liquidations within one hour.
Also Read:<a href="https://yellow.com/news/spacex-selloff-deepens-where-it-stops" rel="noopener noreferrer nofollow">SpaceX Selloff Deepens And No One Seems To Know Where It Stops</a>
<h2 id="inflation-pressure">Inflation Pressure</h2>
The report also pointed to steady demand in the U.S. economy. Real PCE spending rose $43.8 billion, or 0.3%, in May after adjusting for inflation.
Consumer spending increased by $156.1 billion, driven by a $94.3 billion gain in services and a $61.8 billion rise in goods purchases. Personal income rose $181.6 billion, or 0.7%, while per capita disposable income also climbed 0.7%.
Those figures matter for crypto because strong demand and persistent inflation can reduce the case for near-term rate cuts. If the Fed keeps policy tight or raises rates again, liquidity may contract across risk-sensitive markets, including Bitcoin and other digital assets.
The market reaction was broad. Total crypto liquidations reached $1.34 billion as traders cut leveraged positions after the inflation release.
Bitcoin’s latest slide fits into a wider period of pressure for the asset, with the token already weakening before the PCE report. The move showed how quickly macro data can turn a fragile decline into a forced liquidation event.
Read Next:<a href="https://yellow.com/news/ethereum-hold-1655-whales" rel="noopener noreferrer nofollow">Can Ethereum Hold $1,655 After Whales Step In?</a>

Bitcoin Slides Under $59K As Fed Rate Fears Return To Crypto

Table of Contents

Yellow News

Other articles published on Jun 25, 2026

Join our free newsletter for daily crypto updates!