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The Economic Times
The Economic Times
Surbhi Khanna

Bitcoin trades below $63,000, drops 15% in the first week of June but blockchain data remains resilient

Bitcoin ETF Avinash Shekhar Vikram Subburaj Crypto Dogecoin Ethereum

Bitcoin slipped nearly 15% in the first week of June and is trading below the $63,000 mark on Friday but on-chain data shows no signs of panic selling. The cryptocurrency was trading at $63,042.

In the past 24 hours, Bitcoin was down 2% and Ethereum was down 4% to trade at $1,730 mark. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin and Cardano fell up to 15%.

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