Can you help me identify this?

[Beach-Burban]

I'm thinking this is a fuseable link but different than what I've seen before? I have a fuseable link that is on the small factory Positive buss post that's near the battery. The other end connects to one side of the ampmeter. That one looks like a regular wire that says "fuesable link" right on it. The one in question connects to the same Positive buss post and is part of the original wiring harness that goes across the top of the radiator support from passenger side to drivers side. The only marking on it is the number 60 (on the bottom of the black rubber part). Everything is working fine, but I'm curious as to what it is? Thanks!

Woody