Bitcoin Falls Below $60,000 on Binance for First Time Since 2024

BTC

BTC/USDT

$74,794.13

+7.97%

$74,794.13

+7.97%

(24s)

24h Volume

$38,807,461,976.11

24h H/L

$75,785.82 / $69,234.00

Change: $6,551.82 (9.46%)

Long/Short

52.5%

Long: 52.5%Short: 47.5%

Funding Rate

+0.0036%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$74,435.63

▲ 1.93%

Volume (24h): -

Resistance Levels

Resistance 3$78,568.57

Resistance 2$76,859.07

Resistance 1$75,785.82

Price$74,435.63

Support 1$73,674.39

Support 2$71,775.79

Support 3$70,580.26

Pivot (PP):$71,775.79

Trend:Uptrend

RSI (14):82.2

BeInCrypto Editorial

(04:10 PM UTC)

1 min read

Verified byJames Mitchell

0 comments

Bitcoin briefly dropped below the critical $60,000 mark on Binance on June 5, marking the pioneer crypto’s first break beneath that level since October 2024.

The move comes amid a broader risk-off selloff across financial markets, as investors react to strong U.S. employment data, persistent fund outflows, and growing concerns over liquidity conditions.

Bitcoin Price Performance. Source: TradingVie…