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Bitcoin falls below $60K, erasing post-Trump 2024 gains amid regulatory concerns

Market News
06 Jun 2026
Crypto Briefing
View Source
Bearish
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Bitcoin's price dropped below $60,000, wiping out gains made after Donald Trump's 2024 reelection. The cryptocurrency has fallen from a peak of over $126,000 in October 2025 due to risk-off selling and increased regulatory worries in the U.S. Market sentiment shows low confidence in Bitcoin surpassing $70,000 soon, with only a 1% chance by June 9, 2026. Investors should watch for U.S. policy changes and major market moves that could affect Bitcoin's price trajectory.

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