Bitcoin nearly grazed $60,000 on Thursday as investors shied away from the asset due to growing concerns over its utility.

Bitcoin is reclaiming its place among the favorite assets of thrill-seeking speculative traders.

The price of bitcoin continued its monthslong slide Thursday, falling another 11% to $67,000, its lowest level in 15 months

Some market watchers have suggested $70,000 is a key level to watch and a break below that could lead bitcoin to decline further.

“$50,000 bitcoin is first target support toward $10,000," Bloomberg Intelligence strategist Mike McGlone wrote in a LinkedIn post, going on to warn that 2026 could be “be reminiscent” of the 2008 global financial crisis and the 2000-1 dot com crash for markets across the board.

Athena to host an onsite Bitcoin kiosk experience at MARTE Museum, highlighting regulated, user-friendly access to

Treasury secretary Scott Bessent said he doesn’t have the power to bail out Bitcoin. During a House Financial Services Committee hearing yesterday, Treasury Secretary Scott Bessent said he could not ask that banks prop up Bitcoin in the case of a crash. Crypto investors are responsible for their own risk.

Some market analysts have suggested bitcoin could fall further, potentially hitting between $40,000 to $50,000.