Cryptocurrency23 Jun 2026SEO 801 min read

Analysis: Crypto market drops as Nasdaq tech selloff spills into digital assets

Bitcoin lost 2.5% to $62,300 and ether fell more than 4% while $717 million in liquidations amplified losses across altcoins. Derivatives signal growing bearis…

Bitcoin lost 2.5% to $62,300 and ether fell more than 4% while $717 million in liquidations amplified losses across altcoins. Derivatives signal growing bearish conviction with indications that sellers are in control at most of the top 25 coins. Options market structure heading into Friday's quarterly expiry is skewed long calls, but those bullish bets are underwater as spot prices have collapsed through the quarter. Privacy coins DASH and XMR bucked the selloff, losing less than 1%, while…

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AnalysisCryptomarketdropsNasdaqtechselloffspills