๐ Bitcoin's Rollercoaster: Will It Break $60K? ๐ข
Bitcoin's been on a wild ride, struggling to stay above $60,000. After a sharp 9.9% dip, it fell to $57,918, causing $143M in leveraged BTC longs to liquidate. Ouch!
Analysts blame weak spot Bitcoin ETF outflows and traditional finance jitters. The S&P 500 and US Treasury yields played a part too. Nvidia's earnings and inflation data added fuel to the fire.
But hey, Bitcoin's still a top-10 global asset with a $1.2T market cap! ๐
What do you think? Will BTC bounce back? Comment below! ๐ฌ
#Bitcoin #CryptoNews #MarketTrends