Bitcoin slipped under $60,000 for the first time since October 2024 as crypto stocks, ETFs and major tokens fell in a broad market retreat.

Bitcoin fell 4 percent to $64,721.39, extending a broad digital asset selloff marked by fund withdrawals and leveraged liquidations.

Crypto stocks advanced as Circle surged and bitcoin topped $80,000 intraday, while Senate progress on the CLARITY Act improved investor mood.

Bitcoin briefly topped $70,000 as Charles Schwab, Morgan Stanley, Franklin Templeton and BNY expanded crypto trading, funds and market rails.