Bitcoin slump worsens amid SpaceX rout: Can BTC price hold $60K any longer?

SpaceX’s $600 billion wipeout rattles tech markets, putting Bitcoin’s $60,000 support at risk as traders brace for a deeper BTC selloff.

Bitcoin (BTC) has dropped over 8% from its June high near $67,255, putting the $60,000 support level back in focus.

BTC/USD daily chart. Source: TradingView

Key takeaways:

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