BTC $63,026.26 -0.18%
ETH $1,882.04 +0.30%
BNB $606.51 -0.15%
XRP $1.00 -0.36%
SOL $75.40 -0.56%
TRX $0.3323 -0.40%
DOGE $0.0699 +0.03%
ADA $0.1801 -0.81%
BCH $203.65 -1.16%
LINK $8.93 +1.85%
HYPE $55.89 -3.11%
AAVE $86.60 -1.03%
SUI $0.6792 -0.80%
XLM $0.1598 +0.43%
ZEC $491.14 +0.89%
BTC $63,026.26 -0.18%
ETH $1,882.04 +0.30%
BNB $606.51 -0.15%
XRP $1.00 -0.36%
SOL $75.40 -0.56%
TRX $0.3323 -0.40%
DOGE $0.0699 +0.03%
ADA $0.1801 -0.81%
BCH $203.65 -1.16%
LINK $8.93 +1.85%
HYPE $55.89 -3.11%
AAVE $86.60 -1.03%
SUI $0.6792 -0.80%
XLM $0.1598 +0.43%
ZEC $491.14 +0.89%

Analysis: Affected by factors such as profit-taking from AI concept assets, BTC may drop to 60,000 USD

2026-06-05 14:29:47

Affected by profit-taking from AI concept assets and a decline in market risk appetite, Bitcoin has fallen to around $62,000, a cumulative drop of nearly 16% from last week's high of over $74,000. Market analysis suggests that if it falls below the key level of $60,000, the next key technical support for Bitcoin may be around $55,000. In addition, the U.S. spot Bitcoin ETF has recorded net outflows for 15 consecutive trading days, totaling over $4.7 billion, while Strategy disclosed this week that it sold Bitcoin for the first time since 2022, further weakening market expectations for institutional buying.

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