Inside Bitcoin’s wild nosedive near $60,000 – and what’s coming next
Bitcoin
Bitcoin plummeted as low as $60,000 last week in its worst weekly decline in three years — and many investors are betting that the roller coaster ride isn’t over. The cryptocurrency plunged 16% last week to $70,008 – down 45% from its all-time high of $126,273 last October and wiping out all gains since President Trump’s re-election in 2024. Ether also dropped 24% last week to $2,052, off 59% from its record high last year. Nevertheless, bearish bets against Bitcoin have ramped up – and there
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