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Bitcoin price keeps falling under $60K — Here is why

August 30, 2024 by DIGIT
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Many analysts say a drop in spot Bitcoin ETF demand is the primary reason for BTC’s price weakness, but there’s more to it than that. 

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Categories bonds, Confidence, Dollar, Fed, gbp, Markets, PCE, rates, S&P, Stocks
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  • bitcoinBitcoin(BTC)$103,641.001.03%
  • ethereumEthereum(ETH)$2,562.412.71%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.54-1.27%
  • binancecoinBNB(BNB)$654.73-1.51%
  • solanaSolana(SOL)$174.950.02%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.230395-1.18%
  • cardanoCardano(ADA)$0.80-2.15%
  • tronTRON(TRX)$0.268035-2.37%
  • bitcoinBitcoin(BTC)$103,641.001.03%
  • ethereumEthereum(ETH)$2,562.412.71%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.54-1.27%
  • binancecoinBNB(BNB)$654.73-1.51%
  • solanaSolana(SOL)$174.950.02%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.230395-1.18%
  • cardanoCardano(ADA)$0.80-2.15%
  • tronTRON(TRX)$0.268035-2.37%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$103,641.001.03%
  • ethereumEthereum(ETH)$2,562.412.71%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.54-1.27%
  • binancecoinBNB(BNB)$654.73-1.51%
  • solanaSolana(SOL)$174.950.02%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.230395-1.18%
  • cardanoCardano(ADA)$0.80-2.15%
  • tronTRON(TRX)$0.268035-2.37%
  • bitcoinBitcoin(BTC)$103,641.001.03%
  • ethereumEthereum(ETH)$2,562.412.71%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.54-1.27%
  • binancecoinBNB(BNB)$654.73-1.51%
  • solanaSolana(SOL)$174.950.02%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.230395-1.18%
  • cardanoCardano(ADA)$0.80-2.15%
  • tronTRON(TRX)$0.268035-2.37%