Bitcoin (BTC) continues to fall, hitting a five-week low of $63,700, down 9% from a month ago. Analytics company Santiment notes that sentiment around BTC remains “extremely negative” for the fourth week in a row. According to Google Trends, interest in Bitcoin among retail users has been declining since March 2024. BTC's price has been suffering in recent weeks due to $1 billion in selling by large holders, a stronger dollar and a rise in the US tech market index. The largest outflow of funds from American ETFs to Bitcoin since April was also recorded, amounting to $900 million this week. Some traders expect Bitcoin to hit $60,000 soon due to a lack of momentum, although the long-term forecast remains bullish.#ЛюбимыйТокен #BTC #binance #
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.