Community Articles

via CoinDesk · By CoinDesk Staff

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

BTC

BTC/USDT

$84,054.00
+0.01%
24h Volume

$15,255,993,058.41

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short
58.4%
Long: 58.4%Short: 41.6%
Funding Rate

+0.0013%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$84,007.02

▼ -0.11%

Volume (24h): -

Resistance Levels
Resistance 3$87,335.96
Resistance 2$85,667.07
Resistance 1$84,048.83
Price$84,007.02
Support 1$83,103.66
Support 2$80,169.72
Support 3$77,064.96
Pivot (PP):$84,179.33
Trend:Uptrend
RSI (14):63.9
CS
CoinDesk Staff
(03:02 PM UTC)
1 min read
EW
Verified byEmily Watson

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…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

CoinDesk Staff · CoinDesk

Read original →

Comments
Comments