Bitcoin slump worsens amid SpaceX rout: Can BTC price hold $60K any longer?

60-second summary

SpaceX's $600 billion market value collapse is rattling tech markets, potentially threatening Bitcoin's $60,000 support level as traders anticipate a deeper selloff. Market volatility is intensifying, with investors reassessing risk. As a result, Bitcoin's price stability is under scrutiny, and a breach of $60,000 could signal a more significant downturn in the cryptocurrency market.