via CoinDesk · By CoinDesk Staff
BTC price updates: Bitcoin could fall to $60,000, Zcash plunges 37%
BTC/USDT
$24,612,184,404.25
$63,999.00 / $61,306.84
Change: $2,692.16 (4.39%)
+0.0060%
Longs pay
Bitcoin is trading just over $62,000 and roughly $2,700 above the $60,000 round number that's become the next obvious test on the way down.
The price has now shed close to 16% from last week's $74,000-plus levels, with the bulk of the damage coming in the past three sessions as the AI trade rolled over globally.
A break of $60,000 would put bitcoin back into territory it last visited during the…
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