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MARKETS-ECONOMIC TIMES · INDIAN ·

Bitcoin slips below $60,000 as ETF outflows and middle east tensions weigh. Here is what experts say

As reported by Markets-Economic Times
Bitcoin dipped below $60,000 as significant ETF outflows and Middle East tensions impacted market sentiment.This marks Bitcoin's weakest June since mid-2022, with over $4 billion withdrawn from spot ETFs this month. Analysts highlight $60,000 as a critical resistance level, while persistent inflation concerns keep investors cautious about riskier assets like cryptocurrencies.
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Bitcoin dipped below $60,000 due to significant ETF outflows and rising Middle East tensions. This marks its weakest June since mid-2022, with over $4 billion withdrawn from spot ETFs this month. Persistent inflation concerns are making investors cautious about riskier assets…

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