Bitcoin drops 7.8% to below $60,000

FILE PHOTO: Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) - Bitcoin dropped 7.8% to $59,215 at 8:50 pm GMT on June 24.

(Reporting by Harshita Meenaktshi in Bengaluru)