Bitcoin price falls to $60k due to regulatory concerns and hot CPI, negatively impacting crypto market.

From Investing.com
October 11, 2024 2:13:30 am:

Bitcoin’s price fell on Friday, driven by regulatory concerns and U.S. inflation data, dropping 0.5% to $60,645.7. The SEC charged Cumberland DRW with unregistered dealings of over $2 billion in crypto assets, intensifying regulatory fears. Hotter CPI data and dollar strength also impacted crypto valuations, with altcoins remaining subdued.

Read more at Investing.com: pinned at $60k amid regulatory fears, hot CPI By Investing.com