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Bitcoin struggles under $60,000 amid persistent ETF withdrawals. Here is what experts say
Bitcoin hovers below $60,000 as investors withdraw from spot ETFs, driven by concerns over rising US interest rates. Major altcoins saw mixed movements, with some gaining up to 4%. Analysts suggest a potential dip to $55,500-$56,000 if Bitcoin breaks key support. The overall market sentiment remains cautious, reflecting a broader decline in risk assets.
Bitcoin hovers below $60,000 as investors withdraw from spot ETFs, driven by concerns over rising US interest rates. Major altcoins saw mixed movements, with some gaining up to 4%. Analysts suggest a potential dip to $55,500-$56,000 if Bitcoin breaks key support. The overall market sentiment remains cautious, reflecting a broader decline in risk assets.
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