Bitfinex: BTC Enters Prolonged Correction Amid ETF Outflows And Persistent Inflation Concerns, While Institutional Adoption Continues
Bitfinex’s newest weekly market evaluation suggests Bitcoin has entered a deeper corrective section as mounting macroeconomic pressures and weakening investor sentiment proceed to weigh on digital asset markets. The cryptocurrency fell to a multi-year low of $59,200 on June 5, marking its lowest degree since October 2024 and lengthening its decline to 53% from the…
