Bitcoin falls below $60,000 after crypto selloff (opens in new tab)
Bitcoin fell below $60,000 on Friday for the first time since October 2024, touching about $59,770 during New York trading before paring some losses. The move left the largest cryptocurrency down nearly 20% for the week and more than 52% below its October 2025 peak above $126,000. Several pressures weighed on the market: Strategy, a major corporate bitcoin holder linked to Michael Saylor, disclosed a rare sale of 32 BTC; spot bitcoin ETFs recorded persistent outflows; investors shifted money ...
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