Bitcoin falls below $60,000, on track for rare back-to-back quarterly loss as altcoins slide harder
By
Shaurya Malwa
Summary
Bitcoin has dipped below $60,000, trading around $59,940, down nearly 7% on the week as the second quarter nears its end. Altcoins are falling even harder, with Ether down 9.5%, Dogecoin down 11.7%, and XRP sliding 8.7%. Both Bitcoin and Ether are on track for a rare back-to-back quarterly loss in the first half of the year, breaking the usual pattern.
Source
bskyBitcoin falls below $60,000, on track for rare back-to-back quarterly loss as altcoins slide hardercoindesk.comKey quotes
· 4 pulledBitcoin dipped below $60,000 over the weekend, trading around $59,940 on Sunday, down 0.6% over 24 hours and nearly 7% on the week.
Ether fell 9.5% on the week to about $1,567, dogecoin dropped 11.7% to $0.073, Hyperliquid's HYPE lost 10.6% and XRP slid 8.7% to $1.04.
The market has spent the week leaning on bitcoin's relative steadiness while everything riskier fell faster.
Bitcoin and ether are both ending the second quarter in the red, a back-to-back losing first half that runs against the usual pattern.
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