Bitcoin Crashes Over 45% as Market Volatility and Sanctions Take Their Toll

Bitcoin plummeted by over 45-50% in value from its autumn high of around $126,000 to below $64,000 by June 2026, making it one of the harshest downturns in the crypto market since the FTX collapse.

Russian experts attribute the drop not only to market volatility but also to geopolitical anxiety, sanctions, reduced liquidity, and overheated investor expectations.

Alexey Mokrov, founder of CryptoBotPro LLC, believes that the market collapses when several pillars fall at once: expectations; liquidity; leveraged positions; institutional demand; and the mass investor's belief in endless growth.

According to Mokrov, this combination was seen in early June, leading to a chain reaction of price movements.