Key facts
- Bitcoin price fell below $60,000.
- The Nasdaq Composite index declined by over 1.5%.
- The last time Bitcoin traded below $60,000 was in October 2024.
Bitcoin experienced a significant drop, falling below the $60,000 mark. This level had not been breached since October 2024. Concurrently, the Nasdaq Composite stock market index saw a decline of over 1.5%, indicating broader market weakness. The fall in Bitcoin's price suggests a potential shift in cryptocurrency market sentiment or increased selling pressure.