May 9, 2025

Bitcoin Dips Below $60K Amid Miner Capitulation; Ethereum Shows Bullish Momentum

1 min read

The cryptocurrency market recently experienced significant turmoil, as substantial selling pressure pushed Bitcoin (BTC) below the pivotal $60,000 mark, ultimately setting around $57,000. QCP, a well-regarded authority in crypto market analysis, interpreted this decline as a sign of ongoing market instability. “The current market dynamics underscore a volatile period for cryptocurrencies,” noted QCP analysts. Explore

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Source: CoinOtag

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