{"id":24750,"date":"2026-06-08T09:04:52","date_gmt":"2026-06-08T05:04:52","guid":{"rendered":"https:\/\/pressreleasenetwork.com\/site\/?p=24750"},"modified":"2026-06-08T09:04:52","modified_gmt":"2026-06-08T05:04:52","slug":"bitcoin-drops-below-60000-for-first-time-since-october-2024","status":"publish","type":"post","link":"https:\/\/pressreleasenetwork.com\/site\/2026\/06\/08\/bitcoin-drops-below-60000-for-first-time-since-october-2024\/","title":{"rendered":"Bitcoin Drops Below $60,000 For First Time Since October 2024"},"content":{"rendered":"<p class=\"read\">Bitcoin fell below the $60,000 threshold on Friday for the first time since October 2024, driven by waning appetite for cryptocurrency and broader market risk-off sentiment.<\/p>\n<p class=\"read\">The digital currency slid by approximately 6% to hit $59,770.90, before slightly paring its losses later in the session.<\/p>\n<p class=\"read\">Compared to its record high achieved last autumn, the cryptocurrency\u2019s price has split in half.<\/p>\n<p class=\"read\">The current decline is attributed to several factors, including a surprise sell-off by Strategy, one of the most prominent corporate holders of Bitcoin, which rattled investor confidence.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin fell below the $60,000 threshold on Friday for the first time since October 2024, driven by waning appetite for cryptocurrency and broader market risk-off sentiment. The digital currency slid by approximately 6% to hit $59,770.90, before slightly paring its losses later in the session. Compared to its record high achieved last autumn, the cryptocurrency\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24753,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-24750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts\/24750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/comments?post=24750"}],"version-history":[{"count":1,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts\/24750\/revisions"}],"predecessor-version":[{"id":24754,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts\/24750\/revisions\/24754"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/media\/24753"}],"wp:attachment":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/media?parent=24750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/categories?post=24750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/tags?post=24750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}