Bitcoin is trading below $60,000 and is on track for a rare back-to-back quarterly loss. The cryptocurrency dipped below $60,000 to around $59,940 on Sunday and was down about 0.6% over the prior 24 hours. Over the past week Bitcoin has fallen nearly 7%, and it is on pace to close the second quarter down about 12% after a roughly 22% decline in the first quarter.
Major altcoins also posted declines during the same period, with several names showing double-digit percentage drops and lower nominal prices. Ether fell 9.5% to about $1,567 and was down roughly 25% in the second quarter following a roughly 29% decline in the first quarter. Among smaller tokens, Dogecoin slipped to about $0.073 while Hyperliquid’s token HYPE fell 10.6% over the reported period. Other notable figures included XRP trading near $1.04, Solana at about $70, and Tron posting a modest decline of around 1.5%.
Reported prices and percentage changes were specific to each token listed above.
Bitcoin is on track to finish the second quarter down about 12% after suffering a roughly 22% decline in the first quarter. Those consecutive quarterly declines mark two straight losing quarters to open the year for the asset. The reported quarterly figures indicate that Bitcoin posted losses in both Q1 and Q2.
Ether declined about 25% in the second quarter following a roughly 29% drop in the first quarter, creating a comparable two-quarter losing streak for the token. As with Bitcoin, Ether’s sequential quarterly declines mean it has recorded two straight losing quarters to open the year. These quarterly results place both assets among cryptocurrencies that have fallen across the first half’s two main reporting periods. Both Bitcoin and Ether have therefore recorded back-to-back quarterly losses to begin the year.
Bitcoin traded below $60,000, dipping to around $59,940 on Sunday, and was down about 0.6% over 24 hours and nearly 7% on the week. The asset is on track to finish the second quarter down about 12%, following a roughly 22% decline in the first quarter, marking two straight losing quarters to open the year. Ether also fell sharply, losing about 9.5% to roughly $1,567 and declining about 25% in Q2 after a roughly 29% drop in Q1, creating a comparable two-quarter losing streak.
Other tokens moved lower during the period, with Dogecoin near $0.073, Hyperliquid’s HYPE down about 10.6%, XRP at $1.04, Solana around $70, and Tron down about 1.5%.
