Bitcoin Falls Below $60,000 After Its Worst Month Since 2022
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Bitcoin has dropped below $60,000, capping what analysts describe as the cryptocurrency's worst monthly performance since June 2022. The decline marks a significant reversal for the digital asset, which had previously attracted renewed investor interest following the approval of Bitcoin exchange-traded funds in the United States earlier this year. Bitcoin is the world's largest cryptocurrency by market value and is closely watched as a barometer of broader sentiment toward digital assets and speculative investments.