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Illustration of Bitcoin price dropping below 60,000 with charts and outflow visuals for a news article on crypto market decline.
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Bitcoin falls below $60,000 amid ETF outflows and weak demand

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Bitcoin dropped below $60,000 on June 24 as exchange inflows, spot ETF outflows and leveraged long liquidations intensified selling pressure.

JPMorgan has downgraded its view on Indian IT companies, forecasting weaker demand and multiple headwinds over the next two years. The brokerage lowered ratings on several stocks including HCL Technologies and Wipro.

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Indian textile exporter stocks rose sharply on Wednesday after Motilal Oswal Financial Services initiated positive coverage on the sector.

More than a dozen companies are preparing to raise around ₹45,000 crore through initial public offerings in July. The offerings are expected to mark a strong return for India's primary market after a quieter period.

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Abelardo de la Espriella won the presidential runoff with 49.66% of the vote against 48.70% for Iván Cepeda, according to the official preliminary count by the Registraduría.

India's macro outlook for 2026 will depend heavily on monsoon performance, according to the latest NSE data. The report also notes a younger and more dispersed investor base alongside concentrated trading activity.

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Bitcoin slipped below $63,000 on Friday amid a broader selloff in risk assets, erasing earlier gains linked to an Iran deal that eased oil supply concerns.

 

 

 

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