Bitcoin saw a rebound from its intraday low of $61,500 to $64,000 on Thursday. The crypto market experienced significant liquidations totaling nearly $1.76 billion in 24 hours. Bitcoin and Ethereum saw corrections, along with major altcoins. Market analysts attribute the selloff to multiple pressure points including ETF outflows and geopolitical uncertainty. Investors are closely watching upcoming US economic data.
Market Samachar is a news aggregator. This article was originally published by Markets-Economic Times. Tap the button above to read the full story on their site.