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Bitcoin Slides Below $60,000, ETH & Altcoins Prices Drop
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blockchain.newsA record-breaking rally gave traders profits as Bitcoin slid below $60,000 following the dissipation of euphoria over the first U.S. Bitcoin futures exchange-traded fund (ETF).
Bitcoin, the biggest digital asset by market value, reached the lowest intraday price in almost two weeks as it sank as much as 6.4% to $58,132. However, on Oct 20, it peaked at $66,976.
Other digital assets also saw a tumble in their value. Ether sank about 7.5%, and tokens such as Dogecoin and Solana each tumbled more than 8%.
According to Coinmarketcap.com, smaller altcoins such as Cardano lost 11% over the last 24 hours, and Polkadot dropped roughly 9%.
The first launch of the U.S. Bitcoin futures ETF pushed prices to new all-time highs, but speculators are now
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