Bitcoin approaches $60,000, potentially marking the largest single-day decline since the FTX incident

Odaily Planet Daily Report: Bitcoin has fallen over 10% in the past 24 hours, dropping to as low as $63,000, hitting a new low since October 2024, and possibly recording the largest single-day decline since the 2022 FTX incident. Selling pressure has spread to precious metals and US stocks, with thin liquidity exacerbating chain liquidations. Analysts point out that the $58,000 to $60,000 range, where the 200-day moving average is located, may serve as a key support level, and no clear bottoming signal has yet appeared. (CoinDesk)

BTC-3,44%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)