Bitcoin rose above $60,000 during the late European morning following a sharp decline earlier this week. The largest cryptocurrency was trading around $60,350, nearly 6% below its $64,000 starting level Monday. The downward trend may now have halted ahead of another short-term rally. The broader digital asset market has fallen around 0.45% in the past 24 hours, according to CoinDesk Indices data. Ether rose about 1.35% to around $2,550 after spot ether ETFs registered inflows of $5.9 million on Wednesday, ending a nine-day losing streak.
Source: https://www.coindesk.com/markets/2024/08/29/first-mover-americas-btc-regains-60k-following-slide-this-week/?utm_medium=referral&utm_source=rss&utm_campaign=headlines