Bitcoin price keeps falling under $60K — Here is why

Many analysts say a drop in spot Bitcoin ETF demand is the primary reason for BTC’s price weakness, but there’s more to it than that. 

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  • bitcoinBitcoin(BTC)$116,749.00-2.57%
  • ethereumEthereum(ETH)$3,063.872.22%
  • rippleXRP(XRP)$2.89-1.05%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$686.51-0.54%
  • solanaSolana(SOL)$161.55-1.34%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.194757-1.66%
  • tronTRON(TRX)$0.300486-0.41%
  • staked-etherLido Staked Ether(STETH)$3,055.961.98%
  • bitcoinBitcoin(BTC)$116,749.00-2.57%
  • ethereumEthereum(ETH)$3,063.872.22%
  • rippleXRP(XRP)$2.89-1.05%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$686.51-0.54%
  • solanaSolana(SOL)$161.55-1.34%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.194757-1.66%
  • tronTRON(TRX)$0.300486-0.41%
  • staked-etherLido Staked Ether(STETH)$3,055.961.98%