🔻 Bitcoin Plummets Below $60,000: Market Liquidates $1B in Positions 🔹 On June 24, 2026, Bitcoin's price dropped below the key $60,000 psychological threshold, hitting a local minimum of $59,100. The following day, the asset partially recovered its losses and climbed back above $61,500, where it is currently trading at the time of publication. 🔹 The sharp market decline triggered a massive wave of forced liquidations across the crypto derivatives market. According to CoinGlass data, leveraged traders lost nearly $1 billion over the past 24 hours. 🔹 Amid the broader market correction, Ethereum also dipped below the $1,600 level before later bouncing back to the $1,650 range. 🔹 Concurrently, the Crypto Fear and Greed Index plummeted to 12 points, placing market sentiment deep inside the "extreme fear" zone.