Down 50% from peak! Bitcoin price today reclaims $60,000 after worst week since FTX collapse (opens original article in a new tab)

Bitcoin price reclaimed $60,000 after a 16% weekly decline, its worst since the FTX collapse in 2022, with concerns over ETF outflows, AI investment shifts, and rising interest rates affecting the market.

• Bitcoin fell 16% in a week, its worst decline since FTX's 2022 collapse.
• ETF outflows and shifting investor focus to AI stocks pressured Bitcoin prices.
• Rising interest rate expectations and Middle East conflict added market uncertainty.