Bitcoin briefly slipped under $60,000 and was down 4.2% on the day as broader crypto markets saw more than $1 billion in liquidations over 12 hours amid a sharp Nasdaq 100 sell-off.
Bitcoin briefly fell below $60,000, dropping under a closely watched round-number threshold and trading 4.2% lower on the day. The move came amid broader risk-off pressure across digital assets and equities, with more than $1 billion in crypto liquidations over 12 hours, according to CoinPost Terminal, while the Nasdaq 100 fell 4.5% in what the source described as the index’s biggest daily drop of 2026. Breaks below major psychological price markers can influence market sentiment, trigger position changes and shape short-term momentum.