Bitcoin

Are Bitcoin Bears Dominating as BTC Price Declines Further? The leading cryptocurrency, Bitcoin, caused a tumult by sliding back to the $60K level earlier this week. With constant bull-bear combats, the token has failed to reach new highs as expected post-halving. Over the past few months, BTC price has been dallying around the $60K to $70K range. In the past 24 hours, BTC observed a notable 15.63% decline in daily trading volume and a 0.35% decline to the $60K margin. At the time of writing, Bitcoin was trading at $61,245. During Asian morning hours, BTC price descended to a one-day low of $60,585 as per CMC (NS: CMC ) data. Following this, it recorded modest increases to surpass the $60K level in the latter half of the day. Moreover, over the last seven days, Bitcoin has shown a 7.90% price decline and hit a 6-week low of $58,402 on June 24. The recent declines have raised bearish sentiments in the market apart from speculations and FUD for the coming months. Amidst...