Bitcoin continues to fall: over the past 24 hours, its price has dropped by 11.6%, reaching $64,536. This is the largest single-day drop since the beginning of 2026. Despite the significant sell-off, Bitcoin remains above the $62,893 support level, which has so far prevented further declines.

The overall crypto market followed Bitcoin’s lead, losing $266 billion and dropping to $2.19 trillion. The market is currently holding just above the $2.12 trillion support level. A breakdown below this level could bring the market down to $2.00 trillion, with continued weakness in major tokens raising concerns about recovery timing.

Selling pressure is mounting, and investor uncertainty continues to grow. Bitcoin’s next significant support is at $59,986. A breakdown below this level could accelerate losses toward $55,883, but if a bullish trend emerges, Bitcoin could recover to $65,360 and test the $69,922 resistance.