Bitcoin Price Drops to $60,000 as Traders Eye BlackRock ETF Inflows for Recovery
By
Billy Bambrough
1d ago· 4 min readenNews
85/100
Golden Brown
Bagelometer↗
Slow-proofed and worth the wait. Worth its weight in flour.
Score85TypenewsSentimentnegative
Summary
Bitcoin has dropped to around $60,000 (2026 lows), falling by half from its October peak of $126,000, amid market volatility triggered by Elon Musk's SpaceX IPO. Traders are hoping that a rebound in BlackRock's Bitcoin ETF inflows will signal the end of the crypto price downturn, following a "bloodbath" warning from BlackRock.
Key quotes
· 3 pulledThe bitcoin price has dropped to 2026 lows of just under $60,000 per bitcoin, plunging by half from its October peak of $126,000 amid a BlackRock 'bloodbath' warning.
Traders are hoping a rebound in BlackRock's exchange-traded fund (ETF) inflows will mean bitcoin's price winter is over.
Crypto is quietly braced for a huge BlackRock bitcoin price game-changer.
The bitcoin price has dropped to 2026 lows of just under $60,000 per bitcoin, plunging by half from its October peak of $126,000...
