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Bitcoin (BTC) Price At $60k: Is This A Pullback Before A Rise To $71k?

BitcoinWorld LogoBitcoinWorld3d ago

Bitcoin (BTC) Price At $60k: Is This A Pullback Before A Rise To $71k? - BitcoinWorld

Quick Summary:

Bitcoin (BTC) witnessed a massive price drop in the last 24 hours to about $60k, but there are chances of a full recovery after this pullback.  Bitcoin [BTC] witnessed a price correction in the last 24 hours.

A major reason behind this could be the rise in liquidation.

Things in the derivatives market also looked good, as BTC’s Funding Rate was rising.


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Bitcoin (BTC) Price At $60k: Is This A Pullback Before A Rise To $71k? - BitcoinWorld (Picture 1)Bitcoin (BTC) Price At $60k: Is This A Pullback Before A Rise To $71k? - BitcoinWorld (Picture 2)

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-04 @ 04:49:57 (3 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 430 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21478535

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 4 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

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The story "Bitcoin (BTC) Price At $60k: Is This A Pullback Before A Rise To $71k?" has 430 words across 35 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Bitcoin (BTC) Price At $60k: Is This A Pullback Before A Rise To $71k?" was covered 3 days ago by BitcoinWorld, a news publisher based in India.

How trustworthy is 'BitcoinWorld' news outlet?

BitcoinWorld is a fully independent (privately-owned) news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 4 news stories per day.

It's most recent story was published 12 hours ago.

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  • News ID: #21478535
  • URL: https://beamstart.com/news/bitcoin-btc-price-at-60k-17200747397687

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