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BTC $59,544.57 -0.62%
ETH $1,586.06 +0.59%
BNB $553.85 +0.13%
XRP $1.04 +0.05%
SOL $74.34 +2.32%
TRX $0.3194 -0.62%
DOGE $0.0723 -0.93%
ADA $0.1443 -0.20%
BCH $199.90 +3.30%
LINK $7.30 -0.14%
HYPE $65.92 +5.91%
AAVE $89.81 -3.91%
SUI $0.6938 +0.78%
XLM $0.1827 +5.78%
ZEC $399.15 +4.65%
BTC $59,544.57 -0.62%
ETH $1,586.06 +0.59%
BNB $553.85 +0.13%
XRP $1.04 +0.05%
SOL $74.34 +2.32%
TRX $0.3194 -0.62%
DOGE $0.0723 -0.93%
ADA $0.1443 -0.20%
BCH $199.90 +3.30%
LINK $7.30 -0.14%
HYPE $65.92 +5.91%
AAVE $89.81 -3.91%
SUI $0.6938 +0.78%
XLM $0.1827 +5.78%
ZEC $399.15 +4.65%

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
Collection

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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