The post Why is Crypto Markets Plunging? Is Bitcoin (BTC) Price Heading Back to $60,000? appeared first on Coinpedia Fintech News The crypto markets face extreme bearish heat, causing a nearly 4% drop in global market capitalization. Besides, the trading volume has also slashed heavily, indicating a drop in trading activity. One of the major reasons could have been the Mt. Gox distribution, with an influx of more than 50,000 BTCs in circulation. However, the creditors …