The price of the cryptocurrency Bitcoin was down more than 6% at close to $60,000 on Monday 24th June 2024 – its lowest level in more than a month and about 17% from its March 2024 record.
In the past week, it’s fallen more than 10%.
Crypto investment products reportedly notched a second consecutive week of outflows, according to analysts. Last week, they saw their lowest trading volumes globally since the U.S. Bitcoin ETFs launched in January 2024.
Bitcoin one day chart 24th June 2024 at around $60,000 (CoinMarketCap)
