As of today, Bitcoin is trading at $61,044, reflecting a modest -2.23% drop over the past 24 hours. The cryptocurrency market remains cautious, with traders watching global economic trends and potential interest rate changes in the U.S. While Bitcoin has pulled back from recent highs, its resilience above $61,000 suggests potential consolidation before the next move.
Fear & Greed Index: 50 (Neutral)
Outlook: Analysts are looking for a potential breakout above $62,000, but downside risks remain if market conditions worsen.