LIVE: Bitcoin crashes to $59,000 as crypto wipes out $2.4 trillion in total market cap
Bitcoin fell below $60,000 on Wednesday, leaving the token down nearly 20% for the month as the wider crypto market kept bleeding value. Crypto’s total market cap has now dropped from its $4.3 trillion record on October 6, 2025, to about $2.0 trillion today, a 54% wipeout in 261 days.