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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)