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Bitcoin dives below $60,000 as risk-off mood batters crypto markets

Bitcoin dives below $60,000 as risk-off mood batters crypto markets

Mucahithan Avcioglu

24 June 2026•Update: 24 June 2026

Bitcoin fell around 5% on Wednesday, slipping below the $60,000 threshold as selling pressure deepened across cryptocurrency markets amid a broader pullback in risk assets.

The largest cryptocurrency was trading at $59,460 at 1740GMT, after hovering near $60,000 during the Iran war. Live market data also showed Bitcoin near $59,374, down about 5% on the day, while Ethereum traded around $1,570 after a similar daily decline.

The total value of the global cryptocurrency market, including Bitcoin, declined 4% in the last 24 hours to $2.06 trillion, according to CoinMarketCap data.

Bitcoin’s market capitalization dropped 5% in the last 24 hours to $1.19 trillion, while daily trading…

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