Bitcoin drops below $60,000 despite Trump embrace

Bitcoin's value dropped below $60,000 for the first time since late 2024, continuing a downward trend from its 2025 peak. Analysts point to geopolitical instability and potential security threats from quantum computing as contributing factors.
Why it matters
The volatility of cryptocurrency impacts global financial markets and investor confidence in digital assets.
While everyone else was getting ready for the weekend, Bitcoin took a plunge.
The report balances market data with expert analysis of potential causes for the decline.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in