Post by Vanguard Newspapers (@vanguardngrnews)

Bitcoin dropped below $60,000 on Friday, its lowest level since October 2024, just before Donald Trump’s election which propelled it to a record high.

The currency fell by about 6 percent around 1615 GMT, to $59.7709, before paring its losses slightly.

The election of Trump, a staunch advocate of cryptocurrencies, to the White House in November 2024 for a second term sparked a wave of enthusiasm in the sector, sending the price of bitcoin soaring to nearly $110,000.

AFP

The post Bitcoin drops below $60,000, first time since October 2024 appeared first on Vanguard News.

Source: https://www.vanguardngr.com/2026/06/bitcoin-drops-below-60000-first-time-since-october-2024/

Bitcoin dropped below $60,000 on Friday, its lowest level since October 2024, just before Donald Tru...

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