Bitcoin’s Price Drops Below $60K for the First Time Since October 2024
Jun 5, 2026
< 1 min read
by George Georgiev
for CryptoPotato

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AI Overview
Bitcoin fell 5.5% in the past 24 hours, slipping below $60,000 for the first time since October 2024. This decline underscores renewed stress in the crypto market and raises downside risk for token performance, DeFi protocols and exchange sentiment.
Bearish
The cryptocurrency market continues to suffer.
Over the past 24 hours, Bitcoin’s price has fallen by a considerable 5.5%. More notably, it dipped below the coveted $60,000 level for the first time since October 2024.
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