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Bitcoin crashes under $60,000, Pushpendra Singh warns

Bitcoin crashes under $60,000, Pushpendra Singh warns
Bitcoin drops amid crypto market turmoil

Pushpendra Singh, crypto educator and blockchain enthusiast, highlights that Bitcoin has crashed below $60,000 for the first time since October 2024.

He attributes the steep decline to unmet expectations surrounding the self-proclaimed “Crypto President,” U.S. President Donald Trump, suggesting that initial optimism for a crypto boom has been replaced by what he calls a brutal market meltdown. Pushpendra Singh argues that President Donald Trump's approach to cryptocurrency has not delivered for investors.

Singh previously reported that the Reserve Bank of India sold $12 billion of gold in May 2026, marking the first sale of its kind since the 1991 crisis, to support foreign exchange reserves here. He also noted that South Korea recently surpassed India to become the world’s sixth-largest stock market here. Both moves have focused attention on shifting market conditions in Asia.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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