---
title: "Bitcoin drops to $58K on high US PCE inflation as trader sees 'manipulation'"
url: https://thecoingazette.com/bitcoin-drops-to-58k-on-high-us-pce-inflation-as-trader-sees-manipulation/
date: 2026-06-25
modified: 2026-06-25
author: "Coin Gazette Editorial"
description: "Bitcoin fell to 21-month lows as stock market volatility accompanied three-year highs in US PCE inflation, leading to $600 million in hourly crypto liquidations."
categories:
  - "bitcoin price"
tags:
  - "bitcoin price"
  - "market analysis"
  - "Markets"
word_count: 24
---

# Bitcoin drops to $58K on high US PCE inflation as trader sees 'manipulation'

Bitcoin fell to 21-month lows as stock market volatility accompanied three-year highs in US PCE inflation, leading to $600 million in hourly crypto liquidations.