Bitcoin Drops Below $58,000, Down 1.11% in 24 Hours

News Editor

2026-07-01 01:12:46

According to Bitget market data, Bitcoin has fallen below the $58,000 mark, currently trading at $57,981.63, with a 24-hour decline of 1.11%. The short-term selling pressure increases, and traders should watch key support levels.

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According to Bitget market data, Bitcoin dropped below the $58,000 threshold in the early hours of July 1, 2026, currently trading at $57,981.63, a 24-hour decline of 1.11%. This price movement indicates increased short-term selling pressure, and the market needs to observe whether the price can stabilize.

With BTC now below the $58,000 round number, market sentiment remains cautious. Investors should closely monitor key support levels in the lower range, as well as macro liquidity and on-chain metrics for future direction.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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