Live markets: Bitcoin rebounds to nearly $60,000. Kospi, Nikkei sink

live Updated just now Live markets: Bitcoin rebounds to nearly $60,000. Kospi, Nikkei sink By Omkar Godbole Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email BTC rebounds to nearly $60,000 as Asian stocks slide. (Yashowardhan Singh/Unsplash) just now · 5:10 AM Omkar Godbole Share Share this post Copy link X icon X (Twitter) LinkedIn Facebook Email BTC recovers to $60,000 as Asian stocks tank Bitcoin (BTC) has bounced from overnight lows amid a renewed slide in Asian equity markets. The leading cryptocurrency by market value traded at around $59,800 as of this writing, up 2.7% from the low of $58,206 hit Thursday, according to CoinDesk data. Still, prices are down over 5% this week and nearly 20% for the month. "Bitcoin has pulled back into the $50–60K zone, and if history is any guide, this is where buyers step in," Gabe Selby, head of research at CF Benchmarks, said. Selby explained that this zone was first established as support in mid-2024, when prices consolidated in this range following the U.S. spot ETF launch rally, and it's held through everything thrown at it since: the yen carry unwind, the election cycle, and every other high-time-frame retest. Meanwhile, Asian stocks are under pressure, with South Korea's Kospi index down 8% and Japan's Nikkei losing 3%. The losses follow overnight risk aversion on Wall Street where shares in Apple and other Mag7 stocks cratered after announcing price hikes for laptops, tablets and other products citing rising costs. Latest Crypto News 1 Asset management giant Invesco files for tokenized fund targeting stablecoin reserve market 8 hours ago 2 Coinbase's Base blockchain resumes after two-hour outage disrupted network 10 hours ago 3 Strategy's yield-generating STRC stock is more correlated with BTC than ever 11 hours ago 4 Kraken in talks to buy 15% stake in DeFi lender Aave at $385 million valuation 11 hours ago 5 a16z-backed crypto firm rebrands, shifts focus to solving AI’s global copyright headache 12 hours ago 6 BlackBerry is making a massive comeback as an 'uncrashable' software layer for AI and robotics 13 hours ago 7 Strategy has a 10-month cash runway for dividends, but retail investors are losing faith 13 hours ago 8 Quant fund says bitcoin is near a major inflection point as rare onchain signals align 13 hours ago 9 Bitcoin tumbles to new multi-year low of $58,000, but a short-squeeze setup emerges 14 hours ago 10 Crypto for Advisors: Bitcoin: planning for inheritance 14 hours ago Latest Research CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. By CoinDesk Research Jun 15, 2026 In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. Why it matters : In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. View Full Report More From Tech Coinbase's Base blockchain resumes after two-hour outage disrupted network Live markets: Bitcoin settles in under $60,000 Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish