Bitcoin Dips Below $60,000 - What's Going On!? Several Things...

5 hours ago 2

Rommie Analytics

The world's largest cryptocurrency sank as low as $59,099 on Friday, dragging it back beneath the level it sat at on the night Donald Trump won the U.S. presidential election in November 2024. That was supposed to be the turning point, the moment crypto finally got a friend in the White House and an open runway higher. Instead, eighteen months and one $126,000 peak later, bitcoin has given all of it back, plus a bit extra for good measure. Anyone who bought on election night and held through the entire "crypto president" era is now sitting on a loss, which is not exactly the bedtime story the industry's biggest cheerleaders were...

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