Bitcoin has dropped to around $60,000, marking its lowest level in three weeks. This decline has led to a broader market downturn, with major altcoins like Ethereum, Solana, Dogecoin, and Bitcoin Cash experiencing significant losses. The total crypto market cap has fallen by $70 billion since yesterday, now standing at $2.23 trillion. This downturn reflects a continued bearish trend across the market, affecting both Bitcoin and altcoins.