Bitcoin price plummets to $60K, what’s behind the massive sell-off?

Bitcoin price recorded a slump of over 4% on Friday as selling pressure intensified in the market. BTC slipped from $65,000 levels straight to the $60,000 zone as the bankrupt crypto firm Genesis completes restructuring. Digital assets lender Genesis Global and its companies have completed bankruptcy reorganization and started distributing about $4 billion in crypto […] source: https://www.cryptopolitan.com/bitcoin-price-plummets-to-60k-whats-behind-the-massive-sell-off/