After a brief rally to $58,492, Bitcoin’s price has fallen and is currently trading at $56,753.
BTC has struggled to break through $60K, consolidating between $56K and $58K.
Bitcoin’s U.S. spot ETFs have seen six consecutive days of outflows, with $37.29 million recorded in net outflows.
Bitcoin price movement has drawn significant attention from traders over the past month, with many anticipating a recovery. However, the cryptocurrency has struggled to break through the $60,000 resistance zone. Since the start of September, Bitcoin price fluctuations have remained between $55,500 to $58,000.
In the past 24 hours, BTC reached a high of $58,492, marking a modest 3.75% increase, but soon began to decline during the evening hours of September 4, continuing this trend into the present. At the time of writing, Bitcoin priced at $56,753, with a market capitalization of $1.12 trillion and a daily trading volume of $31.73 billion, according to CMC data.
BTC Price Movement (So
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