Bitcoin tumbles below $60,000 to start the week
Publishing timestamp: 2024-06-24 16:29:07
Summary
Bitcoin price falls below $60000 for the first time since May 3, with cryptocurrencies broadly tumbling. Crypto investment products see outflows, while market jitters ahead of inflation data and long liquidations contribute to the decline. Analysts remain confident in cryptocurrency rebound and potential for new records.
Sentiment: MIXED
Tickers: XRP.CM=, BTC.CM=, ETH.CM=, COIN, MSTR, SOL.CM=, DOGE.CM=,
Keywords: investment strategy, bitcoin, microstrategy inc, solana/usd coin metrics, bitcoin/usd coin metrics, ethereum/usd coin metrics, breaking news: investing, markets, coinbase global inc, cryptocurrency, business news, breaking news: markets, dogecoin/usd coin metrics, ripple/usd coin metrics,
Source: https://www.cnbc.com/2024/06/24/crypto-market-today.html