
Crypto
Capital Flight Could Spark Bitcoin Rally Amid Crypto Downturn
Investors fleeing unstable economies may push Bitcoin higher even as broader crypto markets struggle, according to analysis from Pluang.
By Jordan Blake3 min read
Topic

Investors fleeing unstable economies may push Bitcoin higher even as broader crypto markets struggle, according to analysis from Pluang.

Bitcoin is trading around $62,400 as selling pressure begins to ease, but weak buying demand is keeping the market in a tight consolidation range.