Cryptocurrency Market Remains Under Pressure as Bitcoin Price Slides Toward $64,000
Bitcoin traded near $64,000 as continued ETF outflows, leveraged liquidations, and weak investor sentiment weighed on crypto markets. Analysts said capital rotation into traditional assets, uncertainty around US monetary policy, and declining demand for large-cap cryptocurrencies are keeping traders cautious despite hopes for future regulatory clarity.
Bitcoin traded near $64,000 as continued ETF outflows, leveraged liquidations, and weak investor sentiment weighed on crypto markets. Analysts said capital rotation into traditional assets, uncertainty around US monetary policy, and declining demand for large-cap cryptocurrencies are keeping traders cautious despite hopes for future regulatory clarity.
Bitcoin traded near $64,000 as continued ETF outflows, leveraged liquidations, and weak investor sentiment weighed on crypto markets. Analysts said capital rotation into traditional assets, uncertainty around US monetary policy, and declining demand for large-cap cryptocurrencies are keeping traders cautious despite hopes for future regulatory clarity.
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