Bitcoin traded near the $60,000 level after recording its weakest monthly performance since June 2022, weighed down by heavy ETF outflows. Despite a modest rebound alongside Ethereum and major altcoins, analysts say macroeconomic factors, institutional demand and Federal Reserve policy will continue to shape cryptocurrency prices.
Bitcoin traded near the $60,000 level after recording its weakest monthly performance since June 2022, weighed down by heavy ETF outflows. Despite a modest rebound alongside Ethereum and major altcoins, analysts say macroeconomic factors, institutional demand and Federal Reserve policy will continue to shape cryptocurrency prices.
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