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Fact-check confidence: MEDIUMLive web check:- ✗ CONTRADICTED — Sam Callahan works at CNBC
Web sources show Sam Callahan is Director of Bitcoin Strategy & Research at OranjeBTC (a bitcoin treasury firm), not at CNBC. While a Yahoo Finance article attributed a quote to him as "of CNBC," the CNBC source itself and his official profiles (LinkedIn, X) identify his actual affiliation as OranjeBTC. (CNBC.com, LinkedIn, X/Twitter, OranjeBTC) - ✓ VERIFIED — The date June 25, 2026 is correct
Multiple current date sources confirm today is Thursday, June 25, 2026, making this the present date, not a future date. (calendardate.com, inchcalculator.com, todaysdatenow.com) - ✓ VERIFIED — Bitcoin opened at $60,983.43 and Ethereum opened at $1,619.51 on June 25, 2026
The Yahoo Finance article confirms Bitcoin opened at exactly $60,983.43 and Ethereum opened at $1,619.51 on Thursday, June 25, 2026. (finance.yahoo.com (Yahoo Finance official article))
Most numerical facts match source precisely. Major concern: the article is dated June 25, 2026 (a future date), which is highly unusual and suggests either a hypothetical scenario, simulation, or potential data error. Sam Callahan attribution to CNBC needs verification.
business · lumee
Bitcoin and Ethereum decline further as major coins retreat
Bitcoin and Ethereum both fell more than 2% on Thursday, June 25, 2026, with Bitcoin trading below $60,000 by mid-day.
The short version
- Bitcoin opened at $60,983.43 and fell to $59,334.00 by 12:37 p.m. ET on June 25, 2026
- Ethereum opened at $1,619.51 and dropped to $1,561.08 by mid-day, down 2.8% from Wednesday
- Bitcoin is down 5.3% over one week and 20.8% over one month; Ethereum is down 7.3% weekly and 22.8% monthly
- Both coins remain significantly below their 2025 all-time highs
$59,334.00
Bitcoin price at 12:37 p.m. ET, June 25, 2026
$1,561.08
Ethereum price at 12:37 p.m. ET, June 25, 2026
2.7%
Bitcoin decline from Wednesday opening
2.8%
Ethereum decline from Wednesday opening
20.8%
Bitcoin one-month decline
22.8%
Ethereum one-month decline
What happened
Bitcoin opened Thursday at $60,983.43 and fell to $59,334.00 by mid-afternoon, representing a 2.7% decline from Wednesday's opening price. Ethereum followed a similar pattern, opening at $1,619.51 and declining 2.8% to $1,561.08 by 12:37 p.m. ET. Both cryptocurrencies extended losses that have accumulated over the past month, with Bitcoin down 20.8% and Ethereum down 22.8% since late May.
Context
Cryptocurrency markets have experienced sustained declines from their 2025 peaks. Bitcoin reached an all-time high of $126,198.07 on October 6, 2025, while Ethereum peaked at $4,953.73 on August 24, 2025. Both coins have since retreated significantly, with Bitcoin down 42.5% year-over-year and Ethereum down 33.9% over the same period.
Both sides
BullCoins remain well above historic lows and recent declines may represent normal market correction after substantial gains in 2024 and early 2025.
BearSustained monthly and yearly declines suggest weakening momentum, with both coins trading far below their recent all-time highs reached in mid-2025.
In plain words
Think of Bitcoin and Ethereum like stock prices that go up and down every day. Today both dropped a few percent, and they've been falling for the past few weeks—Bitcoin is down about 21% this month alone. They're still worth a lot, but they're much lower than their best prices from last year.
What may happen
Continued consolidationIf broader market conditions stabilize, Bitcoin and Ethereum may find support at current levels and trade in a defined range while investors reassess valuations.
scenario – not a prediction Further deteriorationIf selling pressure persists, both coins could test additional support levels, potentially accelerating the decline seen over the past month.
scenario – not a prediction Recovery bounceHistorical patterns show oversold conditions can trigger relief rallies; either coin could experience a temporary rebound before resuming the broader trend.
scenario – not a prediction ⚠ Disputed / unconfirmed:- Bitcoin fell below $60,000 on Thursday, June 25, 2026 — Source says it 'slid below $60,000 midday Thursday' and fell to $59,334.00, but does not explicitly state the date was June 25, 2026 in that opening sentence. The date appears later in the article. The word 'midday' vs specific time 12:37 p.m. is also slightly imprecise.
- Sam Callahan of CNBC — Source attributes quote to 'Sam Callahan of CNBC' but this appears to be a misattribution or unclear attribution. The quote is presented as direct speech but CNBC is a news organization, not typically the employer affiliation style used. This needs verification that Sam Callahan actually works for CNBC or if this is an error.