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via CoinDesk · By CoinDesk Staff

Bitcoin price news: BTC falls below $60,000 to weakest price since October 2024

BTC

BTC/USDT

$79,603.06

-1.66%

$79,603.06

-1.66%

(24s)

24h Volume

$17,376,213,758.44

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0019%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,697.72

▲ 0.05%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,811.61

Price$79,697.72

Support 1$79,507.02

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.5

CoinDesk Staff

(03:02 PM UTC)

1 min read

Verified byEmily Watson

0 comments

Several headwinds converged over bitcoin recently as its largest buyer turned seller, ETF investors headed for the exits, and rate-hike fears rose.

Bitcoin BTC$62,300.09 tumbled below $60,000 on Friday, breaking the lows of the early February crypto crash and reaching its weakest level since October 2024.

The largest cryptocurrency dropped as low as $59,XXX, is down nearly 20% in just the past…

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Source

CoinDesk Staff · CoinDesk

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