Bitcoin Falls Below $60,000
Published: June 5, 2026By Rohmeo AI
What you should know
- Bitcoin has dropped below $60,000 for the first time since October 2024, marking a significant price decline.
- Total leveraged crypto liquidations reached $1.5 billion in the last 24 hours due to accelerating selling pressure.
- The price is now down 27% over the last 20 days, resulting in $460 billion wiped out from the market cap.
- Multiple major crypto and finance accounts are reporting the same event, confirming widespread market impact.
Bitcoin Price Crash Update
Bitcoin has officially fallen below $60,000 amid heightened market volatility and liquidations. This development is being widely discussed across crypto news sources.