Crypto
Bitcoin slides below $60,000 as Samson Mow says fundamentals unchanged
Bitcoin fell overnight, dropping below the $60,000 level and extending losses as broader crypto market liquidations exceeded $850 million. Crypto-related stocks also weakened, with Strategy falling to levels not seen since February 2024. Despite the selloff, Bitcoin supporter Samson Mow said Bitcoin’s fundamentals had not changed and called it the best hope for the future. He pointed to possible buying by Adam Back’s Bitcoin Standard Treasury Company.
