Bitcoin Falls Below $60,000, Weekly Loss Reaches 18%

As selling pressure intensifies in cryptocurrency markets, Bitcoin has dropped below the $60,000 level for the first time in nearly two years. Bitcoin fell to $59,110, its lowest level since October 2024. With this decline, the weekly loss has reached 18%. The general selling trend in the market has also led to sharp losses in altcoins. While this movement in Bitcoin has raised concerns among investors, the downtrend continues across the cryptocurrency market. Experts note that the $60,000 level is a psychological support point and that selling pressure could increase further after this level is broken. Market participants are closely watching whether Bitcoin will test the $55,000 level in the coming days. This is not investment advice.