BTC $79,663.31 -1.84%
ETH $2,455.71 -2.62%
BNB $751.06 +3.64%
XRP $1.41 -3.00%
SOL $102.41 -1.53%
TRX $0.3331 +1.10%
DOGE $0.0862 -1.68%
ADA $0.2136 -3.45%
BCH $250.08 -3.83%
LINK $11.73 -2.50%
HYPE $84.85 -2.32%
AAVE $129.66 -3.26%
SUI $0.7859 +1.36%
XLM $0.1834 -0.69%
ZEC $1,015.28 +0.72%
BTC $79,663.31 -1.84%
ETH $2,455.71 -2.62%
BNB $751.06 +3.64%
XRP $1.41 -3.00%
SOL $102.41 -1.53%
TRX $0.3331 +1.10%
DOGE $0.0862 -1.68%
ADA $0.2136 -3.45%
BCH $250.08 -3.83%
LINK $11.73 -2.50%
HYPE $84.85 -2.32%
AAVE $129.66 -3.26%
SUI $0.7859 +1.36%
XLM $0.1834 -0.69%
ZEC $1,015.28 +0.72%

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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