Coin Prices


News Explorer — Bitcoin Falls Under $58,000 as Institutional Interest Cools

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Aug 12, 11:15 am
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Bitcoin Falls Under $58,000 as Institutional Interest Cools

Bitcoin's price dipped below $58,000 as institutional investors paused their buying spree, leading to a broad sell-off in the cryptocurrency market. Ethereum emerged as the primary beneficiary of the market correction, attracting significant inflows. However, the outlook for Bitcoin remains uncertain, with some suggesting that its trading range may have shifted lower.

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