Browsing: BTCUSD

Bitcoin price (BTCUSD) is down by 6.3% over 24 hours to $62.919 on Thursday, driven by sustained institutional selling pressure. With about $60 billion in transaction value, Bitcoin’s decline is rooted in institutional exits and exacerbated by the unwind of derivatives.

Down from a 3-month high, Bitcoin (BTCUSD) dipped to $81,203.32, slightly underperforming a broadly flat crypto market. The move is primarily driven by a cooling-off period and profit-taking after a strong multi-day rally fueled by geopolitical optimism and ETF inflows.