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Bitcoin Slides Near $60,000 as Crypto Selloff Deepens
Bitcoin fell toward $60,000 as rising yields, liquidations, and risk aversion deepened the crypto selloff.
Bitcoin plunged to just above $60,000 as a broad selloff intensified across cryptocurrency markets. Rising global bond yields, risk aversion, and profit booking pressured digital assets, while leveraged positions faced liquidations. Analysts said sentiment weakened amid tighter financial conditions and regulatory uncertainty, triggering volatility across major tokens. Market participants are now watching macro cues and fund flows for signs of stabilisation.