Bitcoin & Debifi Snapshot (June 2026)

Closing the month on June 30th, Bitcoin traded at 58 545 $, marking a significant decrease of roughly -20,5% from its June 1st opening price of 73 622 $. This marks a new low for the bear market that began last October, dropping 3% below the 60K floor established on February 6th. This ongoing downturn confirms that the current market behavior aligns almost perfectly with the historical continuity of previous cycles.

Regarding Debifi's lending metrics, the average Annual Percentage Rate (APR) is now back in double digits at 10.28%. This marks the first increase since the beginning of the bear market, indicating a growing demand for loans among Bitcoiners as we approach deep value territory.

Meanwhile, the average Loan-to-Value (LTV) ratio experienced only a slight uptick, settling at an average of 68.4%. Even though Bitcoin's price dropped by more than 20%, the LTV only increased by 3%. This demonstrates that our users are closely monitoring their positions and actively compensating for the weakness of their collateral. Furthermore, we are observing an extension in loan durations, with the average term reaching 13.48 months, a new record for our platform.

Sources : Debifi open loan offers & Tradingview

June 2026 Overview

Following the failed attempt to reignite the bull market in early May, June marked another step down into bear territory. The 200-week moving average was tested multiple times before finally giving way on June 23rd, and the price has now settled below this crucial indicator.

It is worth noting that this same level was breached in mid-June 2022, coinciding with the announcement that Celsius was freezing withdrawals and began its collapse, occurring at the exact same point in the timing of the previous cycle. The repetition of Bitcoin's price history is striking, especially given how drastically different the fundamental landscape is today.

Indeed, despite improved regulatory conditions, resilient liquidity (with Bitcoin continuing to process between $30 billion and $50 billion in daily transaction volume), and major announcements from institutional players, Bitcoin is enduring a downturn that mirrors the drops previously triggered by major industry bankruptcies.

The Celsius bankruptcy in 2022 is particularly interesting because it established exactly what this lending sector was not meant to become. This bankruptcy acted as a wake-up call for the community, serving as a brutal reminder of the fundamental Bitcoin adage: "Not your keys, not your coins."

Whereas Celsius viewed its clients' collateral as capital to be risked on the markets for its own profit, Debifi adopts a philosophy aligned with the primary ethos of Bitcoin: transparency and security above all:

• The absence of rehypothecation: Unlike Celsius, the collateral deposited on Debifi is never lent to third parties, nor is it invested in protocols to generate yield. The Bitcoin stays on-chain, serving strictly as collateral for the contracted loan.
• Collateral transparency: The model of a Bitcoin-native platform moves away from the black box approach. Users must have absolute certainty that their funds are actually there. The collateral does not move and is not diluted in the company's speculative bets.
• The integration of collaborative security: This approach is rooted in the respect for ownership. The user is no longer held hostage by the opacity of a fraudulent balance sheet. They can monitor their loan (as shown by the careful tracking of your LTV) without fearing their collateral will evaporate due to the platform's mismanagement.

In short, the collapse of Celsius has vindicated our model, proving that Bitcoin-backed lending should never compromise the security of the world's most valuable asset.

It is no coincidence that we are seeing a surge in loan requests on our platform. Bitcoiners who remain true to these core principles are seizing the opportunity of this bear market to unlock their Bitcoin's full potential and plan for the long term.

Starting this month, we are making this long-term vision even more accessible by allowing our clients to renegotiate their contract terms. When your loan reaches maturity, you are no longer forced to close it and open a new one. Instead, you now have the flexibility to renegotiate a new timeframe at any point.

To learn more about extending your contract, please read our guide about the “Contract extension” feature.