BTC $63,089.16 +0.42%
ETH $1,883.08 +0.31%
BNB $610.11 +0.62%
XRP $1.00 +0.62%
SOL $75.66 +0.77%
TRX $0.3312 -0.31%
DOGE $0.0700 +0.47%
ADA $0.1777 -0.38%
BCH $203.88 +0.12%
LINK $9.57 +7.10%
HYPE $57.07 +2.44%
AAVE $86.59 +1.28%
SUI $0.6804 +0.65%
XLM $0.1587 +0.22%
ZEC $489.87 +0.05%
BTC $63,089.16 +0.42%
ETH $1,883.08 +0.31%
BNB $610.11 +0.62%
XRP $1.00 +0.62%
SOL $75.66 +0.77%
TRX $0.3312 -0.31%
DOGE $0.0700 +0.47%
ADA $0.1777 -0.38%
BCH $203.88 +0.12%
LINK $9.57 +7.10%
HYPE $57.07 +2.44%
AAVE $86.59 +1.28%
SUI $0.6804 +0.65%
XLM $0.1587 +0.22%
ZEC $489.87 +0.05%

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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