Bitcoin dropped below $60,000 amid a broader crypto market sell-off that erased $200 billion in total market value and triggered $1.57 billion in leveraged liquidations. Liquidations Pass the Billion-Dollar Mark Bitcoin plunged below $60,000 on Friday amid a market-wide sell-off that shaved approximately $200 billion from the crypto economy.
Bitcoin's latest market correction has pushed key on-chain valuation metrics closer to levels historically associated with long-term accumulation periods, even as broader crypto markets remain under pressure.
Saylor's Bitcoin dividend model could attract income-seeking investors but risks arise if Bitcoin's value declines, impacting sustainability. Strategy's Michael Saylor outlines Bitcoin dividend model on TV.