Bitcoin dropped below $60,000 last week, its lowest price in two years. And against this backdrop, another downturn is happening across the larger cryptocurrency market, Bloomberg News reported Sunday (June 7), wiping out billions of dollars. The report cited a recent video from Charles Hoskinson, founder of the Cardano crypto network, who warned users [...] The post Crypto World Braces for Failures as Bitcoin Falls Below $60K appeared first on PYMNTS.com .