Bitcoin Retests $60K Ahead of Monthly Close: Shiba Inu (SHIB) Dumps 25% Below ATH

After another failure at $63,000, bitcoin has headed south and is close to testing $60,000 once more.

The primary cryptocurrency went through a roller-coaster on Thursday when it plummeted from $61,500 to $56,500 in minutes.

However, the asset bounced off just as rapidly and went above $62,000 minutes after.

However, the bears stepped up at this moment and started to push the cryptocurrency south.

The subsequent rejection brought more pain for its price as BTC lost roughly $2,000 since then.

Ethereum marked two consecutive all-time high records in the past few days, with the latest coming at $4,460 .

The two largest meme coins – Dogecoin and Shiba Inu – have registered the most significant price losses in a day.

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