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Bitcoin slides to 16 month low near 60000 as tech jitters spark crypto exodus
Economy
Published on 24 April 2026
Tech stocks’ selloff is dragging crypto back
Bitcoin fell to a 16-month low, hovering close to the $60,000 level as investors retreat from higher-risk assets. The pressure follows broad selloffs in technology stocks that have spilled into crypto markets. Ether also dropped, and the wider cryptocurrency sector has erased trillions of dollars from its all-time high, underscoring a tough stretch for digital assets.
- Bitcoin hits a 16-month low near $60,000
- Technology stock selloffs are pressuring risk assets including crypto
- Ether also declines amid the market-wide retreat
- Crypto has shed trillions since its all-time high
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times