India, June 25 -- Bitcoin is trading near $59,300, down 4% to 5% over the past 24 hours. This decline dragged the cryptocurrency below the $60,000 threshold, leaving it down roughly 48% from its October 2025 all-time high of over $126,000. The recent downward pressure is driven by a mix of market liquidity constraints and changing macroeconomic expectations. Here's what you need to know about Bitcoin down today and more.
Bitcoin Down Today
Bitcoin (BTC) has broken below the critical support level of $60,000, trading at approximately $59,348 (down roughly 4.9% over the past 24 hours). This sell-off marks a pivotal correction, leaving the flagship cryptocurrency down over 50% from its October 2025 all-time high of $126,272.
Why is Bitcoin ...