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Bitcoin's recent drop below $60,000 signals Fed, ETF and AI pressures: Deutsche Bank

Bitcoin's slump to its lowest level since late 2024 reflects a hawkish Federal Reserve, exchange-traded fund outflows and a shift of capital into AI, the bank said.

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Bitcoin's recent drop below $60,000 signals Fed, ETF and AI pressures: Deutsche Bank
Bitcoin's slump to its lowest level since late 2024 reflects a hawkish Federal Reserve, exchange-traded fund outflows and a shift of capital into AI, the bank said.

Why this matters

Bitcoin is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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