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Bitcoin tumbles to new multi-year low of $58,000, but a short-squeeze setup emerges

CoinDesk · Jun 25, 2026, 3:03 PM · Also reported by 1 other source

Derivatives markets signal that betting on further slide in prices is getting overcrowded, setting up for a potential snapback.

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Bitcoin tumbles to new multi-year low of $58,000, but a short-squeeze setup emerges

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