Bitcoin subdued near $74k as ETF demand cools; analyst warns downturn may extend

Investing_ng | 31-05-2026 11:18am |

Bitcoin has remained relatively stable, trading near the $74,000 mark as interest in exchange-traded funds (ETFs) appears to be waning. Analysts have indicated that this decrease in demand could lead to a prolonged downturn in the cryptocurrency's value. Market observers are closely monitoring the situation, as the dynamics of ETF interest play a significant role in influencing Bitcoin's price movements. The current market sentiment reflects a cautious approach among investors amid these developments.

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