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Last updated: June 17, 2025, 22:33  |  Written by: Anthony Di Iorio

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

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

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 Report Identifies

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 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

Bitcoin Broke

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

The correlation between Tesla and Bitcoin has broken down - MS

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

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

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

Why Is Bitcoin Down? Crypto Selloff Sends BTC Price

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

Anthony Di Iorio can be reached at [email protected].

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