Bitcoin makes first sub-$60K close since Q3 2024 as tech stocks enter ‘deep bear market’

CoinTelegraph·

Bitcoin makes first sub-$60K close since Q3 2024 as tech stocks enter ‘deep bear market’

60-second summary

Bitcoin closes below $60,000 for the first time since Q3 2024, as persistent price weakness follows another tech-driven sell-off in Asian stock markets. The BTC price risks turning $60,000 into resistance, with investors closely watching the trend. This development further fuels concerns about a potential market downturn, as tech stocks enter a 'deep bear market.

Bitcoin risked turning $60,000 into resistance as BTC price weakness persisted following another tech-driven sell-off in Asian stock markets.