Bitcoin Price Plummets Below $61K Amid Market Turmoil

Bitcoin's price has been experiencing significant volatility over the past few days, with a sharp decline observed in recent hours.

The digital currency's value plummeted to $60,912, representing a 4.2% daily decrease and a substantial drop from its October 2025 peak of approximately $125,000.

This downturn can be attributed in part to MicroStrategy's sale of 32 BTC for dividends, which has triggered a significant loss in the company's crypto treasury holdings.

The news may have also contributed to a broader market sell-off, as institutional investors with unrealized losses are facing pressure to liquidate their assets and minimize further financial strain.