Bitcoin struggles under $60,000 amid persistent ETF withdrawals. Here is what experts say

Bitcoin is trading below $60,000 with Spot Bitcoin ETFs recording a seventh straight week of outflows, as investors continue to pull out of crypto amid weak risk asset sentiment. Over the past week, Bitcoin and Ethereum fell 5.5% and 8.6% respectively, while major altcoins corrected up to 10%. Experts warn that a break below $58,000 could push Bitcoin toward the $55,500-$56,000 support zone, with the broader outlook remaining cautious.