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Bitcoin (BTC) Struggles Below $60,000 Amid $27.87M ETF Inflows, Marathon’s $250M Offering
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Bitcoin (BTC), the world’s leading cryptocurrency, has reversed its downward trend and regained momentum around the $59,380 level, reaching an intra-day high of around $60,500.
BTC dropped below $58,000 on Monday morning due to a pause in institutional buying, but it has since recovered its losses.
Recent developments, including the positive movement in Ethereum and Bitcoin exchange-traded funds (ETFs), have contributed to this recovery.
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