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Bitcoin tumbles below $60,000 to start the week - TL;DR CNBC

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=COINMSTRSOL.CM=DOGE.CM=

Keywords: investment strategybitcoinmicrostrategy incsolana/usd coin metricsbitcoin/usd coin metricsethereum/usd coin metricsbreaking news: investingmarketscoinbase global inccryptocurrencybusiness newsbreaking news: marketsdogecoin/usd coin metricsripple/usd coin metrics

Source: https://www.cnbc.com/2024/06/24/crypto-market-today.html


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