Bitcoin drops below $60,000, hitting its lowest point since October 14, 2024

Odaily Planet Daily reported that OKX market data shows Bitcoin has fallen below $60,000, currently at $59,855, marking its lowest point since October 14, 2024. (It previously dipped to touch $60,000 on February 6 this year.)

Coinglass data shows that over the past 4 hours, total liquidations across the network reached $8.1 billion, with long liquidations at $4.24 billion and short liquidations at $3.86 billion. During this period, Bitcoin liquidations amounted to $162 million.