Cryptocurrencies experienced another fall on Monday! Subscribe!

The main cryptocurrency, Bitcoin, fell below $60,000 for the first time in nearly two months. This was another blow for the cryptocurrency market, which is already going through hard times.

Altcoins are also in dire shape, with several prices losing double digits and many others falling 5-10%.

An unfavorable start to the trading week for Bitcoin and the rest of the crypto market could be due to various factors, such as the macroeconomic situation, industry regulation or technical issues. However, the exact reasons for the fall are still unknown.

The largest digital asset lost more than two thousand in a few hours and fell to a 6-week low of $60,000. Things only got worse in the hours that followed, with the cryptocurrency just falling below $60,000 for the first time since early May.

The drop could cause even more concern among investors and traders who are already concerned about market volatility.

Investors and traders must be prepared for such changes and have a risk management strategy.

#Bitcoin $BTC