BTC Regains $60,000 Following Slide This Week

Bitcoin raised over $60,000 in late morning Europe after a sharp decline earlier this week. The top cryptocurrency was trading around $60,350, nearly 6% below its $64,000 level from Monday. The downtrend may have stopped now before another short-term rally. The broader digital asset market is down about 0.45% over the past 24 hours, according to data from CoinDesk Indices. Ether rose about 1.35% to around $2,550 after spot Ether ETFs saw inflows of $5.9 million on Wednesday, ending a nine-day losing streak.