Bitcoin briefly falls below $60,000, down 4.2% on the day

Broader crypto markets saw more than $1 billion in liquidations over 12 hours as the Nasdaq 100 dropped 4.5% in its biggest daily fall of 2026, CoinPost Terminal said.

Summary

Bitcoin briefly slipped below $60,000, marking a 4.2% decline from the previous day. The move came amid wider stress across digital assets, with more than $1 billion in liquidations over 12 hours in the cryptocurrency market, while the Nasdaq 100 fell 4.5% in what CoinPost Terminal described as the index’s biggest daily drop of 2026. The source also pointed readers to separate coverage on Bitcoin’s price outlook and long-term prospects.

Terms & Concepts
  • liquidations: Forced closing of leveraged positions
  • Nasdaq 100: Index tracking 100 large non-financial Nasdaq stocks