Bitcoin fell below $ 60,000: What were the factors that triggered the decline?

After losing 3% in value yesterday, Bitcoin started the day with a decline and fell to $ 57,800 in the first hours.

Although the downward momentum in Bitcoin, which accelerated in June, slowed down slightly with the reaction purchases at the $ 60,000 level at the end of the month, the continuation of the selling pressure caused the momentum to extend to July.

Two factors stand out as the reason for the current downward momentum in Bitcoin. The first of these is Mt., the Tokyo-based crypto exchange that went bankrupt years ago. Gox's repayment plan. The other reason is associated with US macroeconomic indicators and the Fed's interest rate policy.

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