Bitcoin’s Fall Below $60K: Three Factors to Watch

Get Daily altcoins signals and trade with the professionals trading strategy – https://telegram.me/binancefuturesignal

Hong Kong hedge funds’ leveraged BTC price bets are emerging as the main trigger behind Bitcoin’s sharp month-long sell-off.

Bitcoin experienced on of the biggest sell-offs over the past month, sliding more than 40% to reach a year-to-date low of $59,930 on Friday. It is now down over 50% from its October 2025 all-time high near $126,200.

Analysts are pointing to Hong Kong hedge funds and ETF-linked U.S. bank products as possible drivers of BTC’s crash.

Bitcoin could slip back below $60,000, putting the price closer to miners’ break-even levels.

Hong Kong hedge funds behind BTC dump?


Wonderful words from our premium members

It is very easy to grow your Binance account by being part of our Growing Community.

We have some expertise in trading, our team is well aware of the market fluctuations in the Bitcoin industry with 6 years of experience.

Kindly join our Crypto Signals Pro Group to get all the benefits as our existing members are already getting it.

Comments

Popular posts from this blog

DOGE Millionaires Accumulate – Is a 30% Rally Coming?

BTC-to-Gold Ratio Drops as Gold Price Reaches Historic $3K

UAE: The New Hub for Crypto Millionaires