Bitcoin at $61K – All the reasons why the market is ‘cooling down’

Bitcoin at $61K – All the reasons why the market is ‘cooling down’

- Bitcoin’s price around $61k is a victim of market cooling, summer slowdowns - Mt. Gox unlocks and government sales raise some supply concerns too The crypto market hasn’t had the best of times lately. This was the case at press time too, with the industry’s total market capitalization falling to $2.26 trillion at press time. As expected, Bitcoin, the world’s largest cryptocurrency, led the way, with BTC down by almost 1% on the charts. Bitcoin and the market’s top …