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.
<iframe src="https://hindustansphere.com/embed/cluster/4fe749ba621ef33aeb7588968a4c5f14715af100" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Bitcoin struggles under $60,000 amid persistent ETF withdrawals. Here is what experts say"></iframe>
