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The Economic Times
The Economic Times
National
Shreya Biswas

Bitcoin (BTC USD) price drops toward the $60,000 level as two major buyers pull back - what's happening with the cryptocurrency?

Bitcoin United States Crypto ETF CoinDesk Glassnode

Bitcoin market crash 2026 analysis : Bitcoin’s recent drop from the mid-$70,000 range toward the $60,000 level is being driven by a noticeable change in who is buying and how much.

BTC USD was trading around $63,000 as of Thursday. Bitcoin is facing pressure as two major sources of demand have both slowed at the same time: spot ETFs and digital asset treasury firms, as per a report.

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