Crypto
Bitcoin: three factors behind break below $60,000
Bitcoin has fallen more than 40 percent over the past month, hitting a year low of $59,930 on some exchanges and dropping more than 50 percent from its October 2025 record high of $126,200, Cointelegraph reported. Analysts point to forced deleveraging by Hong Kong hedge funds, structural selling pressure tied to ETF-linked structured products, and miners’ business shifts toward AI data centres. Profitability indicators and on-chain data also signal weakening sentiment.