Bitcoin extended its steep decline on Friday, falling to its lowest level since October 2024. The fall came as a combination of selling pressure, weak market demand, and shifting macroeconomic expectations drove another wave of losses across the cryptocurrency market. The world’s largest cryptocurrency fell 5% to $60,750, after earlier touching $59,764.90. The move leaves Bitcoin down roughly 17% for the week and more than 52% below its all-time high of about $126,000 reached in October 2025. The weakness spread across crypto-linked equities. Shares of Coinbase, Circle, and Strategy each fell about 8% on Friday, while Strategy was down roughly 25% for the week.
Source: Read the original article
