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Bitcoin pinned below $60K — Is BTC consolidating or preparing for more downside?

August 19, 2024 by DIGIT
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Institutional spot Bitcoin ETF outflows and lowered Bitcoin miner profitability could be driving the current price drop

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Categories Economy, Goldman, hashprice, Hashrate, Japan, Markets, outflows, Recession, Stocks
Bitwise Expands European Presence Through Acquisition of ETC Group
Bitcoin fund inflows offset largest SOL outflows on record: CoinShares


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$109,541.000.17%
  • ethereumEthereum(ETH)$2,795.554.70%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.300.54%
  • binancecoinBNB(BNB)$669.401.12%
  • solanaSolana(SOL)$164.824.29%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1977203.44%
  • tronTRON(TRX)$0.2904751.54%
  • cardanoCardano(ADA)$0.723.08%
  • bitcoinBitcoin(BTC)$109,541.000.17%
  • ethereumEthereum(ETH)$2,795.554.70%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.300.54%
  • binancecoinBNB(BNB)$669.401.12%
  • solanaSolana(SOL)$164.824.29%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1977203.44%
  • tronTRON(TRX)$0.2904751.54%
  • cardanoCardano(ADA)$0.723.08%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$109,541.000.17%
  • ethereumEthereum(ETH)$2,795.554.70%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.300.54%
  • binancecoinBNB(BNB)$669.401.12%
  • solanaSolana(SOL)$164.824.29%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1977203.44%
  • tronTRON(TRX)$0.2904751.54%
  • cardanoCardano(ADA)$0.723.08%
  • bitcoinBitcoin(BTC)$109,541.000.17%
  • ethereumEthereum(ETH)$2,795.554.70%
  • tetherTether(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.300.54%
  • binancecoinBNB(BNB)$669.401.12%
  • solanaSolana(SOL)$164.824.29%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1977203.44%
  • tronTRON(TRX)$0.2904751.54%
  • cardanoCardano(ADA)$0.723.08%