Bitcoin Drops Below $60,000, Down 6.12% in 24 Hours

News Editor

2026-06-05 22:00:50

Bitcoin price fell to $59,968.9, a 6.12% decline over 24 hours, according to Gate market data.

BitcoinBTCCrypto PriceGate24-hour decline

According to ChainCatcher and market data from Gate, Bitcoin (BTC) traded at $59,968.9 against USDT, marking a 6.12% decline in the last 24 hours. The price slipped back below the $60,000 psychological level, indicating increased selling pressure in the short term. As the largest cryptocurrency by market capitalization, Bitcoin’s price movements often influence broader market sentiment across the crypto space.

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

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