This is an excerpt from a much longer article that goes into the details of how the use of 60 came about:
“In today’s world, the most widely used numeral system is decimal (base 10), a system that probably originated because it made it easy for humans to count using their fingers. The civilizations that first divided the day into smaller parts, however, used different numeral systems, specifically duodecimal (base 12) and sexagesimal (base 60).
Thanks to documented evidence of the Egyptians’ use of sundials, most historians credit them with being the first civilization to divide the day into smaller parts. As early as 1500 B.C., the Egyptians had developed a more advanced sundial. A T-shaped bar placed in the ground, this instrument was calibrated to divide the interval between sunrise and sunset into 12 parts. This division reflected Egypt’s use of the duodecimal system—the importance of the number 12 is typically attributed either to the fact that it equals the number of lunar cycles in a year or the number of finger joints on each hand (three in each of the four fingers, excluding the thumb), making it possible to count to 12 with the thumb.”