Bitcoin Falls to Lowest Price Since October 2024
Bitcoin has fallen to its lowest price since October 2024, dropping below $60,400. This decline is attributed to institutional investors selling their holdings and a stronger-than-expected jobs report. The cryptocurrency is down over 50 percent from its all-time high of $126,000 in October 2025.
- ▪Bitcoin reached its lowest price since October 2024, falling below $60,400.
- ▪The cryptocurrency is down over 50 percent from its all-time high of $126,000 in October 2025.
- ▪Michael Saylor’s Strategy sold $2.2 million in Bitcoin, marking its first sale since 2022.
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Economy Bitcoin Falls to Lowest Price Since October 2024 State of the Union: The cryptocurrency has taken a hit amid institutional investors selling their holdings and a positive jobs report. David Brady Jun 5, 2026 5:40 PM Loading the Elevenlabs Text to Speech AudioNative Player... Bitcoin fell below $60,400 on Friday afternoon reaching its lowest price since October 2024, and down over 50 percent from its all-time high of $126,000 in October 2025. The cryptocurrency is down 5 percent on the day and 17 percent on the week.The most recent decline began Monday when Michael Saylor’s Strategy (formerly MicroStrategy) sold $2.2 million in Bitcoin, its first sale since 2022.Friday’s jobs report came in stronger than expected, strengthening Wall Street’s prediction that the Federal Reserve will…
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