COMMIT OVER

Last updated: June 18, 2025, 14:51  |  Written by: Brock Pierce

Commit Over
Commit Over

Bitcoin Broke

Why Is Bitcoin Down? Crypto Selloff Sends BTC Price

Bitcoin broke $60,000 today for the first time since September 18 when it rallied with other assets following the Fed's 50 basis point rate cut.

Since September, the historically positive correlation between Tesla’s (NASDAQ: TSLA) share price and Bitcoin (BTC-USD) has broken down, according to a

The Report Identifies

Bitcoin falls from $66K highs, Tesla down 3% after Elon Musk

The report identifies $61,500 as a critical level to watch, warning that if Bitcoin trades below this point, prices could potentially drop to the low $50,000s or even

Bitcoin Tumbles Below $60K, Risking Deeper Pullback as Crypto

Bitcoin Slides Below $60K, Here's Why It Could Drop Further: 10x

Bitcoin Down: BTC Slumps Below $60K as Tesla Inc (TSLA) Stock

Bitcoin slumps below $60,000 as the SEC takes aim again

It

It's a familiar scenario to start the week as Bitcoin follows TSLA downhill after rallying overnight. Bitcoin (BTC) tested $65,000 as support as United States markets

The correlation between Tesla and Bitcoin has broken down - MS

Bitcoin has lost over 16% in April, on track for its worst month since November 2025. BTC could drop to the mid-to-low $50,000 region, Ledn CIO said.

Heavy Sell-Off Sees Bitcoin Drop Below $60K, Over

Brock Pierce can be reached at [email protected].

Articles tagged with "Ripple to Issue USD-backed Stablecoin Bringing More" (1 found)

← Back to article

Comments