US Bitcoin ETF Demand Slump Drives Token to Two-Week Low
By
Santiago Delgado
1 min read
On March 14, Bitcoin reached a record high close to $73,798, but it has since experienced a consistent decline. The digital asset fell nearly 4.6% before stabilizing around $63,350 as demand for dedicated US exchange-traded funds decreased. Investors are also questioning the Federal Reserve’s ability to lower interest rates swiftly, prompting concerns about the cryptocurrency's peak.