🔥Bitcoin price hits $60,000. What’s going on? 🥶
The price of #bitcoin , the #criptomoneda with the highest market cap, plummeted on Friday to $60,000, a price not seen since October 2024, as fear grips investors.
Bitcoin has dropped nearly 20% just this past week, and it has now lost over 52% from its all-time high reached in October 2025, when it hit $126,000.
The drop in Bitcoin comes at critical market moments, and one of the most talked-about events was the recent sell-off of Bitcoins by #strategy . Another factor that could be influencing the decline of this asset is the constant capital outflows from the #etf Bitcoin spot market, as investors prefer to rotate their capital into AI infrastructure companies that are generating substantial cash flow right now.
The recent reading on high inflation and positive labor market reports have also led investors to reconsider the direction of monetary policy. The same investors who initially believed that interest rates would be cut soon are now contemplating that the Federal Reserve's next move might be an interest rate hike, making risk assets (like Bitcoin) the least preferred.
Do you think Bitcoin has already hit bottom, or is it expected to drop to $50,000?
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Share and follow me for more 👈😎
$BTC
The price of #bitcoin , the #criptomoneda with the highest market cap, plummeted on Friday to $60,000, a price not seen since October 2024, as fear grips investors.
Bitcoin has dropped nearly 20% just this past week, and it has now lost over 52% from its all-time high reached in October 2025, when it hit $126,000.
The drop in Bitcoin comes at critical market moments, and one of the most talked-about events was the recent sell-off of Bitcoins by #strategy . Another factor that could be influencing the decline of this asset is the constant capital outflows from the #etf Bitcoin spot market, as investors prefer to rotate their capital into AI infrastructure companies that are generating substantial cash flow right now.
The recent reading on high inflation and positive labor market reports have also led investors to reconsider the direction of monetary policy. The same investors who initially believed that interest rates would be cut soon are now contemplating that the Federal Reserve's next move might be an interest rate hike, making risk assets (like Bitcoin) the least preferred.
Do you think Bitcoin has already hit bottom, or is it expected to drop to $50,000?
👉More crypto updates ...
Share and follow me for more 👈😎
$BTC