Bitcoin dropped below sixty thousand dollars for the first time since late 2024, dragged down by the same chip and AI stock selloff hitting world markets.
Key Facts
—The break. Bitcoin fell below $60,000 on June 24, closing near $59,312, down about 5.3 per cent on the day.
—The level. That is Bitcoin’s lowest since late 2024 and roughly half its October 2025 record near $126,000.
—The trigger. A second day of selling in chip and AI stocks dragged risk assets, including crypto, lower.
—The flows. Steady withdrawals from US Bitcoin funds added to the selling pressure.
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