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Bitcoin drops below $60,000, a first since October 2024
Jun 6, 2026
Economic Times

Bitcoin drops below $60,000, a first since October 2024

Bitcoin fell below $60,000 on Friday, its lowest since October 2024, after a surprise selloff by holder Strategy. The firm sold 32 BTC, rattling confidence as it was seen as a consistent accumulator. Analysts suggest long-term investors may see this dip as a buying opportunity amid potential legislative tailwinds.