Bitcoin Drops 2.13% to $67,060 as Volume Tumbles 22%, Bottom Window Set June–Dec 2026
Bitcoin fell 2.13% to $67,060.77 as 24-hour trading volume dropped 22%, narrowing its market share to 58%. On-chain data shows Ethereum’s MVRV ratio at 0.78 near historical bottoms, and CryptoQuant projects Bitcoin’s post-halving trough between June and December 2026, with a sweet spot from September to November.
1. Bitcoin Price Retraces After Rally
Bitcoin fell 2.13% to $67,060.77 as 24-hour trading volume dropped 22%, narrowing its market share to 58% and reducing open interest by 2.39%. Over $240 million in long positions were liquidated in the last 24 hours, while major altcoins including Ethereum, XRP, Solana and Dogecoin also recorded double-digit percentage declines.
2. On-Chain Indicators Point to Potential Bottom
Ethereum’s Market Value to Realized Value ratio sits at 0.78, a level historically linked to macro cycle lows, while CryptoQuant’s post-halving model forecasts Bitcoin’s cycle trough between June and December 2026. Historical traces of 777–925 days from halving suggest a sweet spot for bottoms in September through November of this year.