Bitcoin plummets to $59,073 for the first time since October 2024! What are analysts saying about the 16 percent weekly loss?
The world’s largest cryptocurrency by market capitalization, Bitcoin, experienced a steep selloff on the final trading day of the week, plunging to its lowest point since October 2024. As of Friday, the price retraced as far as $59,073, sliding beneath the previous low reached in February, when it tested the $60,062 mark.