Bitcoin Drops Below $60K as the $2 Trillion Crypto Crash Batters Ethereum, Solana, and XRP: Something broke in crypto this week — and not in the gradual, quietly-worrying way markets usually unravel. Bitcoin fell below $60,000 for the first time since October 2024, Ethereum hemorrhaged nearly eleven percent in a single session, and the total crypto market saw roughly two trillion dollars in value evaporate since its peak.
The Fear & Greed Index sits at 16 — deep in "extreme fear" territory. This is not a dip. By the numbers, this is Bitcoin's worst weekly performance since the collapse of FTX in November 2022, when the entire industry looked like it might not survive. The question every investor is asking right now is simple and urgent: why, and what comes next?
