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The Economic Times

Surbhi Khanna

Bitcoin remains under pressure near $62,500 amid Fed uncertainty and subdued institutional flows

US Federal Reserve Bitcoin Tron United States Akshat Siddhant Ethereum BNB Cardano Dogecoin ETF

Bitcoin remains under pressure and is trading near the $62,500 mark on Friday amid Fed uncertainty and subdued institutional flows. The cryptocurrency was trading near the $62,549 mark.

Ethereum fell 2.33% to trade near the $1,689 mark, while Bitcoin fell 1.90% in the past 24 hours. Among the major altcoins, BNB, XRP, Solana, Hyperliquid, Dogecoin, and Cardano fell up to 4%, whereas Tron was up 0.12%.

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