Bitcoin briefly dropped below $60,000 following a strong US jobs report that led to a broad market selloff, including stocks, bonds, and cryptocurrencies. The report caused markets to price in higher interest rates for longer, pushing Treasury yields and the dollar up while hitting risk assets hard. About $1.6 billion in crypto positions were liquidated in 24 hours, with major tokens like ether and solana suffering steep losses. Bitcoin recovered quickly to around $61,000, but its ability to hold this level remains uncertain as a break below could signal further declines.
Bitcoin has fallen 50% from its all-time high, erasing about $988 billion in market value due to a mix of market-specific and macroeconomic pressures. Significant ETF outflows in the U.S. signal growing investor caution, while ongoing geopolitical te...
Bitcoin has experienced a sharp market correction, falling nearly 17% in a week and dropping below $60,000, erasing about $200 billion in value. Experts argue this decline is due to a major shift of investment capital into artificial intelligence (AI...
Bitcoin recently fell sharply below $60,000, breaking key support levels and signaling a bearish trend with potential further drops toward $50,000-$55,000. XRP broke down below $1.30, risking a deeper correction with critical support zones at $1, $0....
Bitcoin briefly dropped below $60,000, triggering widespread long liquidations in the crypto derivatives market before recovering to $61,500. This volatility weakened market sentiment, causing severe losses in altcoins like Zcash (-23.65%), Stable (-...
Strategy's Perpetual Stretch Preferred Stock (STRC) fell to its lowest level since its July 2025 debut, dropping to $90.40 before recovering to around $93.40. This decline coincided with Bitcoin briefly falling below $60,000, its lowest since October...
