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Bitcoin trades 50% below all time high, below $62,000 as geopolitical uncertainty weighs on crypto sentiment

Bitcoin is trading near $61,000, down significantly from its peak. Geopolitical tensions and upcoming US economic data are causing caution. Investors are prioritizing capital preservation amid uncertainty. Spot Bitcoin ETFs have seen outflows, impacting market participation. Analysts watch for inflation data to gauge Bitcoin's next move.

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Economic TimesLean R·2h ago
Bitcoin trades 50% below all time high, below $62,000 as geopolitical uncertainty weighs on crypto sentiment
Bitcoin is trading near $61,000, down significantly from its peak. Geopolitical tensions and upcoming US economic data are causing caution. Investors are prioritizing capital preservation amid uncertainty. Spot Bitcoin ETFs have seen outflows, impacting market participation. Analysts watch for inflation data to gauge Bitcoin's next move.
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Bitcoin trades 50% below all time high, below $62,000 as geopolitical uncertainty weighs on crypto sentiment

How 1 sources are covering this

Bitcoin trades 50% below all time high, below $62,000 as geopolitical uncertainty weighs on crypto sentiment

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