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Investors Ask What's Next for Bitcoin (BTC) as ETF Demand Cools Investors Ask What's Next for Bitcoin (BTC) as ETF Demand Cools

Investors Ask What’s Next for Bitcoin (BTC) as ETF Demand Cools

As the second-quarter draws to a close, crypto investors are left wondering what’s next for Bitcoin after it retreated from the all-time highs registered during the height of the mania over exchange-traded funds.

The original cryptocurrency is down about 13% since March, a sharp contrast from the 67% and 57% surges seen, respectively, in the previous two quarters. Bitcoin, which reached a record $73,798 on March 14, is closing the quarter at around $61,000.

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Benjamin Taubman

https://www.bloomberg.com/news/articles/2024-06-30/bitcoiners-btc-begin-to-ponder-what-s-next-after-etf-mania-cools-in-2q

2024-06-30 07:00:00

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