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Bitcoin Drops to 16-Month Low: Is a Fall Below $60,000 Imminent?

Bitcoin, the world’s largest cryptocurrency, faced a dramatic price drop on February 6, 2026, hitting an intraday low of $60,008.52 during volatile trading. This marks the lowest point for Bitcoin since October 2024. The decline occurred amid a broader selloff across global markets, especially in technology stocks, metals, and other riskier assets, raising concerns about whether Bitcoin could fall below the $60,000 mark in the coming days. After touching this 16-month low, Bitcoin

Business

06 Feb 2026 01:52 AM 66 views

Bitcoin Drops to 16-Month Low: Is a Fall Below $60,000 Imminent?

Bitcoin, the world’s largest cryptocurrency, faced a dramatic price drop on February 6, 2026, hitting an intraday low of $60,008.52 during volatile trading. This marks the lowest point for Bitcoin since October 2024. The decline occurred amid a broader selloff across global markets, especially in technology stocks, metals, and other riskier assets, raising concerns about whether Bitcoin could fall below the $60,000 mark in the coming days. After touching this 16-month low, Bitcoin

Business

Bitcoin drops after House blocks crypto legislation in key procedural vote

Bitcoin and related cryptocurrency stocks took a sharp downturn after the U.S. House of Representatives failed to advance a series of bills aimed at providing regulatory clarity and support for the crypto industry. A critical procedural vote on the House floor ended with 13 Republicans siding with Democrats to block the motion, which failed in a 196-223 vote. The result was a major setback for the crypto sector, which had been buoyed in recent weeks by rising investor confidence and record-se

Stock Market

15 Jul 2025 16:29 PM 555 views

Bitcoin drops after House blocks crypto legislation in key procedural vote

Bitcoin and related cryptocurrency stocks took a sharp downturn after the U.S. House of Representatives failed to advance a series of bills aimed at providing regulatory clarity and support for the crypto industry. A critical procedural vote on the House floor ended with 13 Republicans siding with Democrats to block the motion, which failed in a 196-223 vote. The result was a major setback for the crypto sector, which had been buoyed in recent weeks by rising investor confidence and record-se

Stock Market

Bitcoin Price Dips to $83,687 Amid ETF Outflows; Crypto Market Volatility Rises

Bitcoin prices showed minor declines across major exchanges on Monday, March 17, reflecting losses of under 2 percent. On CoinMarketCap, Bitcoin was trading at $83,687 (approx. Rs. 72.6 lakh) on global platforms. Meanwhile, on Indian exchanges like CoinSwitch and Giottus, the asset’s value fluctuated between $83,810 (approx. Rs. 72.7 lakh) and $87,506 (approx. Rs. 76 lakh). The leading cryptocurrency’s sluggish performance has persisted for over two weeks following a price dip ear

Business

17 Mar 2025 08:34 AM 852 views

Bitcoin Price Dips to $83,687 Amid ETF Outflows; Crypto Market Volatility Rises

Bitcoin prices showed minor declines across major exchanges on Monday, March 17, reflecting losses of under 2 percent. On CoinMarketCap, Bitcoin was trading at $83,687 (approx. Rs. 72.6 lakh) on global platforms. Meanwhile, on Indian exchanges like CoinSwitch and Giottus, the asset’s value fluctuated between $83,810 (approx. Rs. 72.7 lakh) and $87,506 (approx. Rs. 76 lakh). The leading cryptocurrency’s sluggish performance has persisted for over two weeks following a price dip ear

Business

White House Crypto Summit Ends With Mixed Reactions as Bitcoin Drops

The first-ever White House crypto summit left some investors disappointed as Bitcoin prices dipped. While the event marked a shift in U.S. policy toward digital assets, the lack of strong commitments led to uncertainty. Crypto Industry Hopes for Stronger Support The White House hosted its first-ever cryptocurrency summit, bringing together top executive

Finance & Economics

08 Mar 2025 06:16 AM 949 views

White House Crypto Summit Ends With Mixed Reactions as Bitcoin Drops

The first-ever White House crypto summit left some investors disappointed as Bitcoin prices dipped. While the event marked a shift in U.S. policy toward digital assets, the lack of strong commitments led to uncertainty. Crypto Industry Hopes for Stronger Support The White House hosted its first-ever cryptocurrency summit, bringing together top executive

Finance & Economics

Trump Establishes Strategic Bitcoin Reserve, Prohibits Sale of US Government-Owned Cryptocurrency

President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve, reinforcing the United States’ role in cryptocurrency management. This move marks a significant shift in federal policy toward digital assets, as the US government will now officially stockpile Bitcoin and other cryptocurrencies seized in criminal and civil forfeiture cases.Unlike traditional government reserves, this initiative does not involve taxpayer funds. Instead, the reserve will be bui

Business

07 Mar 2025 07:16 AM 1.15k views

Trump Establishes Strategic Bitcoin Reserve, Prohibits Sale of US Government-Owned Cryptocurrency

President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve, reinforcing the United States’ role in cryptocurrency management. This move marks a significant shift in federal policy toward digital assets, as the US government will now officially stockpile Bitcoin and other cryptocurrencies seized in criminal and civil forfeiture cases.Unlike traditional government reserves, this initiative does not involve taxpayer funds. Instead, the reserve will be bui

Business

IPO Market Slows Down as Companies Delay Public Listings Amid Market Volatility

The initial public offering market has entered a phase of stagnation, with no major IPOs launched in the past three weeks. The last significant IPO was Quality Power, which opened for subscription on February 14, 2025. Since then, the primary market has seen a lull, raising concerns about investor sentiment and market conditions.Despite speculation surrounding Tata Capital’s anticipated $11 billion IPO, which is expected to be one of the largest listings of the year, the overall slowdow

Business

04 Mar 2025 04:04 AM 969 views

IPO Market Slows Down as Companies Delay Public Listings Amid Market Volatility

The initial public offering market has entered a phase of stagnation, with no major IPOs launched in the past three weeks. The last significant IPO was Quality Power, which opened for subscription on February 14, 2025. Since then, the primary market has seen a lull, raising concerns about investor sentiment and market conditions.Despite speculation surrounding Tata Capital’s anticipated $11 billion IPO, which is expected to be one of the largest listings of the year, the overall slowdow

Business

IMF Advises Kenya to Strengthen Crypto Regulations and Align with Global Standards

The International Monetary Fund (IMF) has advised Kenya to prioritize developing a predictable and robust regulatory framework for its cryptocurrency sector. In response to requests from Kenya's Capital Markets Authority (CMA) for input on future crypto regulations, the IMF conducted a detailed review of Kenya's crypto landscape. A 43-page Technical Assistance Report released on January 8 outlines the key steps needed to enhance regulation, ensuring the safety of participants and comp

Business

09 Jan 2025 10:59 AM 1.08k views

IMF Advises Kenya to Strengthen Crypto Regulations and Align with Global Standards

The International Monetary Fund (IMF) has advised Kenya to prioritize developing a predictable and robust regulatory framework for its cryptocurrency sector. In response to requests from Kenya's Capital Markets Authority (CMA) for input on future crypto regulations, the IMF conducted a detailed review of Kenya's crypto landscape. A 43-page Technical Assistance Report released on January 8 outlines the key steps needed to enhance regulation, ensuring the safety of participants and comp

Business

Crypto Market Sees Losses; Bitcoin and Ethereum Dip on December 30

On December 30, the cryptocurrency market saw a decline in most assets, including Bitcoin, which experienced a minor dip of under one percent. According to CoinMarketCap, Bitcoin was trading at $93,197 (approximately Rs. 79.6 lakh) on international exchanges, while Indian exchanges such as Giottus and CoinDCX showed the price at around $101,719 (approximately Rs. 86.9 lakh). Despite the pullback, Bitcoin remained above its 200-day moving average, signaling strong buying interest. The next res

Business

30 Dec 2024 08:52 AM 1.29k views

Crypto Market Sees Losses; Bitcoin and Ethereum Dip on December 30

On December 30, the cryptocurrency market saw a decline in most assets, including Bitcoin, which experienced a minor dip of under one percent. According to CoinMarketCap, Bitcoin was trading at $93,197 (approximately Rs. 79.6 lakh) on international exchanges, while Indian exchanges such as Giottus and CoinDCX showed the price at around $101,719 (approximately Rs. 86.9 lakh). Despite the pullback, Bitcoin remained above its 200-day moving average, signaling strong buying interest. The next res

Business

Gold Prices Continue to Fall After US Presidential Election

Gold prices have been on a downward trend since the US presidential election, with December future contracts opening lower on MCX. The price of gold fell by 0.37% to Rs 76,369 per 10 grams, while silver prices also dropped by 0.24% to Rs 90,601 per kg. In the last two days, gold prices have plummeted by Rs 2,100 per 10 grams and silver prices by Rs 4,050 per kg. According to the India Bullion and Jewellers Association Ltd (IBJA), the current prices for different carats of gold are a

Business

07 Nov 2024 07:25 AM 958 views

Gold Prices Continue to Fall After US Presidential Election

Gold prices have been on a downward trend since the US presidential election, with December future contracts opening lower on MCX. The price of gold fell by 0.37% to Rs 76,369 per 10 grams, while silver prices also dropped by 0.24% to Rs 90,601 per kg. In the last two days, gold prices have plummeted by Rs 2,100 per 10 grams and silver prices by Rs 4,050 per kg. According to the India Bullion and Jewellers Association Ltd (IBJA), the current prices for different carats of gold are a

Business

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#crypto-volatility

Bitcoin Drops to 16-Month Low: Is a Fall Below $60,000 Imminent?

Bitcoin Drops to 16-Month Low: Is a Fall Below $60,000 Imminent?

Bitcoin drops after House blocks crypto legislation in key procedural vote

Bitcoin drops after House blocks crypto legislation in key procedural vote

Bitcoin Price Dips to $83,687 Amid ETF Outflows; Crypto Market Volatility Rises

Bitcoin Price Dips to $83,687 Amid ETF Outflows; Crypto Market Volatility Rises

White House Crypto Summit Ends With Mixed Reactions as Bitcoin Drops

White House Crypto Summit Ends With Mixed Reactions as Bitcoin Drops

Trump Establishes Strategic Bitcoin Reserve, Prohibits Sale of US Government-Owned Cryptocurrency

Trump Establishes Strategic Bitcoin Reserve, Prohibits Sale of US Government-Owned Cryptocurrency

IPO Market Slows Down as Companies Delay Public Listings Amid Market Volatility

IPO Market Slows Down as Companies Delay Public Listings Amid Market Volatility

IMF Advises Kenya to Strengthen Crypto Regulations and Align with Global Standards

IMF Advises Kenya to Strengthen Crypto Regulations and Align with Global Standards

Crypto Market Sees Losses; Bitcoin and Ethereum Dip on December 30

Crypto Market Sees Losses; Bitcoin and Ethereum Dip on December 30

Gold Prices Continue to Fall After US Presidential Election

Gold Prices Continue to Fall After US Presidential Election

Imane Khelif Takes Legal Action Over Gender Controversy

Anti-Israel Protest in New York Linked to Deadly Attack in New Orleans

Elon Musk's $1 Million Daily Pledge for Trump: The Billionaire's Journey to Pro-Republican Politics

Bobby Sherman, Star of the '60s, Dies at 81 After Battle with Cancer

Indian Rupee Weakens Amid RBI Leadership Change and Central Bank Decisions

President Clears SHANTI Bill, Unlocks India’s Nuclear Power Sector For Private Firms

Bharat Mata Ki Jai: Leaders Praise Army After PoK Terror Strikes

Top 10 Learning Activities to Stimulate Your Toddler’s Brain

Legal Notice Issued to KCR for Not Attending Telangana Assembly as LoP

Good news for Indian Apple fans: CEO Tim Cook confirms plans to open 4 new Apple Stores in India

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