Bitcoin Falls to 21-Month Low Below $60K, Dragging Altcoins and Crypto Stocks Down

Bitcoin dropped to $59,217, its lowest in 21 months, as a risk-off move in tech stocks spread to crypto. Ethereum, XRP, Solana, and Dogecoin all fell 3-5%, while Strategy shares plunged 9% to $94.

• Bitcoin hit $59,217, its lowest price in 21 months, before recovering to around $60,700
• Ethereum fell 3.1% to $1,610; XRP dropped 3.1% to $1.07, nearing sub-$1 territory for the first time since Trump's 2024 win
• Dogecoin fell 4.6% to 7.5 cents, its lowest since late 2023
• Strategy shares plunged 9% to $94.43 as the broader sell-off hit crypto-native stocks
• Analysts linked the drop to a risk-off rotation from AI and semiconductor stocks and hawkish Fed expectations

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Last updated 25 Jun 2026