Bitcoin falls below $60,000, on track for a rare back-to-back quarterly loss
CoinDesk·
60-second summary
Bitcoin is falling below $60,000, down nearly 7% on the week, with altcoins plummeting harder. This rare back-to-back quarterly loss has Bitcoin and ether ending the second quarter in the red, defying the usual pattern of gains in the first half. The losses signal a challenging market environment, potentially affecting investor sentiment and overall market performance.
The token is down nearly 7% on the week with the altcoins falling harder. Bitcoin and ether are both ending the second quarter in the red, a back-to-back losing first half that runs against the usual pattern.