Bitcoin falls below $60,000, down 50% from its 2025 high of $124,773. The drop marks its lowest level since late 2024. SpaceX holds 18,712 BTC and is preparing for IPO, potentially increasing trading volume. Robinhood saw a 47% year-over-year drop in crypto transaction revenue in Q1 2026.
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Could Bitcoin Fall to $50,000 This Year?
Summary by ByteBrief