Here's what could happen if bitcoin breaks below $60,000

CoinDesk2h agoUpdated 2h ago

Here's what could happen if bitcoin breaks below $60,000

Smart Read

A confluence of factors makes $60,000 as key level to watch for in the near term, according to Deribit....

Coins in this story

₹62,626.35

-0.24%

₹1,672.33

-4.54%

₹2.07

-11.72%

View Trade NEAR

Trade BTCRead original on CoinDesk

Part of narrative

RWA

Explore how RWA is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.

Explore narrative

Related stories

JPMorgan, Bank of America, Citi to start blockchain offensive with shared tokenized network

CoinDesk1h ago60-word brief

JPMorgan, Bank of America, Citi to start blockchain offensive with shared tokenized network

American's biggest banks plan to introduce a shared tokenized network next year to tackle the potential threat of stablecoins eating into their deposits....

Read full story

Bitcoin and ether ETFs end record multi-billion outflow streak

CoinDesk1h ago60-word brief

Bitcoin and ether ETFs end record multi-billion outflow streak

U.S. spot bitcoin ETFs pulled $3.05 million in net inflows on Wednesday after 13 straight sessions of redemptions totaling roughly $4.4 billion, while ether ETFs ended a 17-day outflow streak with $19.30 million led entirely by BlackRock's ETHA....

Read full story

Bitcoin plunges to near $62,000 as the AI trade unwinds, HYPE falls 14%

CoinDesk4h ago60-word brief

Bitcoin plunges to near $62,000 as the AI trade unwinds, HYPE falls 14%

Broadcom's disappointing AI chip outlook pulled the Nasdaq lower for a third session, dragged Asian equities down with it, and took crypto along for the ride....

Read full story

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.