Week in review: Bitcoin’s slide to $60,000 and billion‑dollar losses for crypto treasuries
Bitcoin hit $60k, miners squeezed, crypto treasuries logged big paper losses, WLFI drew scrutiny.
Bitcoin tested a local bottom near $60,000, mining difficulty fell 11%, crypto treasuries posted sizeable “paper” losses, reporters uncovered a secret Trump deal, and other developments of the week.
Two‑year lows
Over the past seven days the crypto market probed lows last seen in September 2024. As recently as Monday, bitcoin traded just below $80,000, before a sharp correction set in by…
