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Bitcoin falls under $60,000 again

Bitcoin falls under $60,000 again

Bitcoin's price dropped to its lowest level since October 2024, breaking the $60,000 barrier with a decline of approximately 6%, reaching around $59,770. This downturn followed an unexpected sell-off by Strategy, one of the largest Bitcoin holders, which sold 32 units from its reserves, shaking market confidence. It is worth noting that the previous rise of Bitcoin to about $110,000 came after Donald Trump secured a second term in 2024. The current decline is seen as an opportunity for long-term investors, especially with supporting factors such as potential US legislation.

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