BTC $62,784.79 -0.90%
ETH $1,873.32 -0.74%
BNB $605.29 -0.60%
XRP $0.9986 -0.87%
SOL $74.70 -1.74%
TRX $0.3325 -0.25%
DOGE $0.0695 -0.71%
ADA $0.1787 -1.44%
BCH $201.88 -1.89%
LINK $8.94 +1.44%
HYPE $55.44 -3.92%
AAVE $85.80 -2.25%
SUI $0.6758 -1.50%
XLM $0.1588 -0.64%
ZEC $487.19 +0.50%
BTC $62,784.79 -0.90%
ETH $1,873.32 -0.74%
BNB $605.29 -0.60%
XRP $0.9986 -0.87%
SOL $74.70 -1.74%
TRX $0.3325 -0.25%
DOGE $0.0695 -0.71%
ADA $0.1787 -1.44%
BCH $201.88 -1.89%
LINK $8.94 +1.44%
HYPE $55.44 -3.92%
AAVE $85.80 -2.25%
SUI $0.6758 -1.50%
XLM $0.1588 -0.64%
ZEC $487.19 +0.50%

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.

app_icon
ChainCatcher Building the Web3 world with innovations.