Bitcoin has recorded its worst weekly performance since the 2022 FTX collapse, sliding below $60,000 in a rout that erased roughly $390 billion in crypto market value. A Drawdown Not Seen Since 2022 Bitcoin closed out one of its ugliest stretches in years, dropping about 17.
A series of large Ethereum transactions involving major exchange-linked and institutional wallets were recorded on June 9, 2026, highlighting continued whale activity despite recent market weakness.