Bitcoin Drops Under $60,000—A First Since Late 2024 - Forbes
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- Bitcoin fell below $60,000, hitting its lowest price since October 2024.
- Investors shifted capital toward AI and megacap IPOs as Bitcoin's decline continued.
- Reuters reported that the price crash reveals a surprisingly positive future outcome.
Why it matters: Crypto investors see portfolio losses as Bitcoin drops under $60k, while AI and megacap IPOs attract the redirected capital, boosting those sectors and reshaping short‑term market flows.
