Bitcoin broke under $60,000 on Friday, and the market did not exactly take it like adults in a room. The biggest crypto asset was trading around $59,911, down about 6% on the day and 18.7% for the week.

Bitcoin fell back below $60,000 on June 5, deepening a sell-off that picked up pace after a surprise disclosure from Strategy about a partial sale of its Bitcoin holdings earlier

I write about how bitcoin, crypto and blockchain can change the world. The bitcoin price has dropped toward $60,000 per bitcoin, down more than 50% since hitting an all-time high of $126,000 in October last year,

After the bitcoin price reached a new all-time high around $125,000 last October, the crypto market as a whole has suffered, with privacy-focused altcoin Zcash also seeing a 60% drop in the last couple of days following the disclosure of a critical bug.

Bitcoin (CRYPTO: $BTC) fell below $60,000 on Friday for the first time since October 2024, extending a selloff

The weeklong sell-off was exacerbated after a stronger-than-expected May jobs report Friday sent yields higher and pressured risk assets.

Is 2026 the bottom for Bitcoin or is 2027 still a down year? Here's what cycle patterns, ETF flows, and corporate Bitcoin buying tell us.

More than $5.3 billion in leveraged long positions, or bullish bets on higher prices, have been liquidated across crypto derivatives markets since Monday, according to CoinGlass data. Friday alone accounted for roughly $1.4 billion of the damage as bitcoin (BTC) plunged below $60,000 and altcoins suffered even steeper losses.

Bitcoin is unlikely to stage a meaningful recovery in June, according to traders on Polymarket, the prediction market platform, with the heaviest betting concentrated around a modest rise to $65,000 from its current level of around $63,

On Bloomberg Tech, live from San Francisco today, a venture capital investor laid out a striking thesis about what’s actually happening inside the cryptocurrency markets. Retail investors now make up 70% of crypto markets,