Market Bloodbath: Bitcoin (BTC) Plunges Below $60K, Ethereum (ETH) Loses $3K

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Bitcoin has lost $60,000, but the worst might be yet to come for the largest cryptocurrency

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This is the first time in more than a month that the price of the crypto king has dipped below $60,000. Bitcoin crashed to $59,313 on March 5 before recovering the following day and eventually hitting its current all-time high of $73,679 on the Bitstamp exchange on March 13. Ripple CTO Shares Unexpected Satoshi Nakamoto Statement, Major British Banks Testing Tokenized Deposits: Crypto News Digest by U.

DonAlt, a pseudonymous cryptocurrency trader with more than half a million followers on the X social media, recently said that a"washout" below the aforementioned $60,000 level appears to be"much more attractive" as of now. Almost $214 million worth of crypto has been liquidated over the past 24 hours, according to data provided by CoinGlass.Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.

 

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