Bitcoin Price Predicted to Hit $55K Amid Market Decline and Miner Capitulation

The cryptocurrency market faces consistent downward pressure as Bitcoin struggles to recover amidst macroeconomic concerns and Bitcoin ETF outflow risks. Despite the bearish trend, some experts suggest potential for Bitcoin to reach $60k based on current options data. Significant liquidations have occurred, with nearly $500 million worth of digital assets wiped out in the past

Source: CoinOtag