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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

$62,397.39

-0.65%

$62,397.39

-0.65%

(24s)

24h Volume

$20,259,214,274.54

24h H/L

$63,999.00 / $61,306.84

Change: $2,692.16 (4.39%)

Long/Short

64.9%

Long: 64.9%Short: 35.1%

Funding Rate

+0.0049%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,374.00

▼ -2.00%

Volume (24h): -

Resistance Levels

Resistance 3$67,369.22

Resistance 2$65,602.26

Resistance 1$63,707.44

Price$62,374.00

Support 1$61,101.85

Support 2$57,800.19

Support 3$50,986.64

Pivot (PP):$62,533.61

Trend:Downtrend

RSI (14):47.0

CoinDesk Staff

(03:02 PM UTC)

1 min read

Verified byEmily Watson

1124 views

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

CoinDesk Staff · CoinDesk

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