Bitcoin fell to a 16-month low, hovering close to the $60,000 level as investors retreat from higher-risk assets. The pressure follows broad selloffs in technology stocks that have spilled into crypto markets. Ether also dropped, and the wider cryptocurrency sector has erased trillions of dollars from its all-time high, underscoring a tough stretch for digital assets.
Bitcoin is hovering around $67,472, gaining modestly while analysts warn that a full rebound to all-time highs could take until Q2 2027 if the current correction deepens. Spot Bitcoin ETFs have turned net negative, ending a four-week inflow streak. Broader crypto is slightly higher, but geopolitical stress between the US and Iran and higher oil prices are dampening risk appetite.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
