Crypto market struggles, with Bitcoin down 4% in a week.

Crypto market sees lackluster performance as Bitcoin struggles to regain momentum; downward trend for most cryptocurrencies, with BTC trading at $61,212, marking a decline of over 4% in the past week. Bitcoin's surge following ETF approval has waned, leading to a lack of upward momentum. However, money flowed into Bitcoin-based TradFi products for three consecutive days.

May 13, 2024
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