Bitcoin Drops Near $60,000: Crypto Market Loses Over $2 Trillion in Sharp Sell-Off

Bitcoin $70k price climbs as institutions accumulate during market dip

Bitcoin, the world’s largest cryptocurrency, recently faced significant market volatility. Here’s a detailed analysis of its price movements, causes behind the decline, and key support and resistance levels. The biggest cryptocurrency by market value, Bitcoin, fell precipitously this week and tested support around $60,000, hitting its lowest trading levels since October 2024 before stabilizing in … Read more