Bitcoin Dips to $59,000 Before Rebound: Market Sentiment in Flux 📉

Bitcoin briefly fell to $59,000 during Asian trading hours, raising concerns in the crypto market. After the dip, it recovered slightly, but volatility remains high as investors watch for future trends.

Benzinga876 views1:07

About this video

Bitcoin dropped to around $59,000 during early Asian trading hours after being stable at around $61,000. BTC is down 2% over the past 24 hours and 6% over the past week. Ether has not seen the same pricing pressure and is up over the past week. Sell pressure on BTC has increased due to upcoming Mt Gox bankruptcy redemptions and miner selling. Bitcoin ETFs saw $174 million in outflows as the NY market closed on Monday.

Video Information

Views
876

Total views since publication

Duration
1:07

Video length

Published
Jun 25, 2024

Release date

Related Trending Topics

LIVE TRENDS

This video may be related to current global trending topics. Click any trend to explore more videos about what's hot right now!

THIS VIDEO IS TRENDING!

This video is currently trending in Poland under the topic 'bitcoin'.

Share This Video

SOCIAL SHARE

Share this video with your friends and followers across all major social platforms including X (Twitter), Facebook, Youtube, Pinterest, VKontakte, and Odnoklassniki. Help spread the word about great content!