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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

$63,072.42

+0.18%

$63,072.42

+0.18%

(24s)

24h Volume

$2,100,760,871.41

24h H/L

$63,175.00 / $62,946.58

Change: $228.42 (0.36%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0000%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,072.43

▼ -0.02%

Volume (24h): -

Resistance Levels

Resistance 3$64,901.59

Resistance 2$63,882.62

Resistance 1$63,121.09

Price$63,072.43

Support 1$62,928.14

Support 2$62,275.00

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.1

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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