Bitcoin bounces from $58,000 as derivatives signal more pain in the pipeline

BTC touched its lowest level since September 2024 before rebounding to $59,770, while another $1B in futures positions were wiped out.

Originally on CoinDesk →

CoinDesk Markets

Contributor

Jun 26, 2026

1 min read

Photo illustration / STKR News

BTC touched its lowest level since September 2024 before rebounding to $59,770, while ETH slipped further and another $1 billion in futures positions were wiped out. Read the full report at the source.

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