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Bitcoin falls back under $60,000, hitting its lowest level since October 2024

CNBC · Jun 24, 2026, 7:09 PM · Also reported by 4 other sources

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  • Bitcoin dropped on Wednesday to its lowest level since October 2024 amid a pullback in tech stocks, as the crypto bear market drags on.
  • The price of bitcoin slid more than 4% to $59,548.19.

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Bitcoin dropped on Wednesday to its lowest level since October 2024 amid a pullback in tech stocks, as the crypto bear market drags on.

The price of bitcoin slid more than 4% to $59,548.19. Earlier, it hit a low of $59,023.98, its lowest level since Oct. 10, 2024.

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