Bitcoin's price fluctuated significantly, dropping below the $60,000 mark multiple times over recent days, for the first time since March 5. This volatility comes as the cryptocurrency market anticipates the upcoming Bitcoin halving event. The price initially fell to $60,700 before recovering to $61,480, but subsequent reports indicate it dipped back below $60,000, with traders liquidating $115 million in a span of 4 hours. These movements are occurring amid increasing market volatility and a significant software update on the blockchain. Additionally, geopolitical tensions have escalated as Israel launched an attack on Iran, further impacting the crypto markets.