Bitcoin flash crash erases $48 billion in 25 minutes
The Bitcoin ($BTC) flash crash on June 25, 2026, wiped out $48 billion from its valuation in about 25 minutes. The Bitcoin flash crash began at about 3:30 PM on Thursday, when the flagship coin had a market capitalization of around $1.225 trillion and an average 24-hour traded volume of approximately $44.14 billion, according to data from CoinMarketCap. As of 3:55 PM, $BTCs market cap had plunged to $1.177 trillion. $BTC price flash crash of June 25. Source: CoinMarketCap As such, Bitcoin price dropped to the lowest point of 2026 of about $58,887 at the time of publication. The Bitcoin flash crash was fueled by low demand from United States institutional investors amid a long squeeze, a situation in which falling prices force long holders to sell, accelerating the decline. Notably, the Coinbase Bitcoin Premium Index, a metric that measures the percentage price difference between $BTC on Coinbase and the global average price, has remained predominantly negative over the past two months, based on data from CoinGlass. Essentially, negative values for this metric indicate weaker U.S. demand or selling pressure for Bitcoin. Coinbase Bitcoin premium index. Source: CoinGlass The Bitcoin flash crash was further exacerbated by a significant liquidation of long positions, thereby fueling a long









