Bitcoin cracks $60,000, sinking to lowest level since October 2024

The weeklong sell-off was exacerbated after a stronger-than-expected May jobs report Friday sent yields higher and pressured risk assets.

# Bitcoin cracks $60,000, sinking to lowest level since October 2024 The weeklong sell-off was exacerbated after a stronger-than-expected May jobs report Friday sent yields higher and pressured risk assets. **Read the full article:** [CNBC](https://www.cnbc.com/2026/06/05/bitcoin-dismal-week-price-below-all-time-high-crypto-investors.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*