BUSINESSTHE RIO TIMES
Bitcoin Falls Below $60,000 as the Chip Selloff Drags Crypto Down
Bitcoin fell below $60,000 on June 24, closing near $59,312, marking its lowest level since late 2024. A two-day selloff in chip and AI stocks contributed to the decline, which saw Bitcoin drop about 5.3% for the day.
Related Signal
Adjacent reporting
- Bitcoin drops toward $62,000 as the chip selloff deepens for a second day
- Bitcoin loses $60,000, falls to weakest price since October 2024
- SpaceX stock plunged below its IPO-day close, shedding $400 billion in market value
- Global Economy Briefing — June 24, 2026
- SpaceX sheds $400 billion in value as stock slides below its IPO-day closing price
- Bitcoin Price Collapses to $59,000 — and the Worst May Not Be Over