$BTC In recent days, the Bitcoin (BTC) market has faced a series of significant drops. The cryptocurrency's price has fallen to around $64,000, a low not seen since mid-May, and is down approximately 11% over the past month. This decline is attributed to several factors, including global economic uncertainty and a reduction in interest in spot Bitcoin ETFs, which previously boosted its value.

Furthermore, around half a billion dollars have been liquidated in the crypto market in the last 24 hours, significantly affecting Bitcoin and other major cryptocurrencies like Ethereum. Macroeconomic conditions such as contractionary US monetary policy continue to put pressure on cryptocurrency prices

Despite these declines, Bitcoin still records a positive performance in 2024, with an accumulated increase of approximately 60% throughout the year. However, the market remains volatile and investors are paying attention to upcoming economic and regulatory movements that could further affect prices. of cryptoactives.#bitcoin #Binance