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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
$84,054.00
+0.01%
$84,054.00
+0.01%
(24s)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
CS
CoinDesk Staff(03:02 PM UTC)
1 min read
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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