From Cointelegraph: 2024-07-03 07:11:30

Bitcoin has been struggling to gain upward momentum since June despite positive ETF inflows, leading to a downtrend.

The crypto market has been volatile, with Bitcoin experiencing fluctuations in price due to regulatory concerns and market uncertainties.

Investors are closely monitoring Bitcoin’s movements as it approaches key support levels, with many speculating on potential price rebounds.

Despite the recent challenges, some analysts remain optimistic about Bitcoin’s long-term prospects, citing its store of value appeal and growing institutional interest.

Read more at CoinTelegraph: What pushed Bitcoin price below $60K? Charts point at potential Mt. Gox repayment