GK and monthly revision

Bitcoin remains stuck below $60,000 as traders eye Fed outlook and institutional demand

Bitcoin's price remains below $60,000, reflecting market caution influenced by anticipated U.S. Federal Reserve monetary policy signals and mixed institutional demand. The cryptocurrency's price action has been range-bound, indicating limited momentum despite some inflows into exchange-traded funds (ETFs). This situation highlights the ongoing macroeconomic uncertainty affecting global liquidity and trading strategies, making it significant for understanding market dynamics.