Bitcoin near $60K as profitability share drops and crypto volumes hit 2-year lows

Bitcoin is trading around the low-$60,000s as the share of circulating BTC in profit continues to shrink, according to Bitcoinist, which frames the move as a “profitability reset” amid ongoing market pressure. Separately, Cointelegraph reported $1.9 billion leaving spot Bitcoin ETFs and said BTC is at risk of losing $60,000 support as macro volatility weighs on markets ^{[1] [2]}.

Broader crypto activity is also cooling. CryptoPotato, citing Santiment, said trading volumes across large non-stablecoin assets have fallen to the lowest levels seen since 2024, a pattern associated with traders stepping back ahead of potential relief rallies. At the market-wide level, Blockonomi reported total crypto market capitalization testing the $2.05 trillion support zone while Bitcoin holds near $60,000 ^{[3] [4]}.

Across on-chain and market data, BTC’s $60,000 area remains a key reference point as profitability metrics, ETF flows, and trading volumes point to a softer risk backdrop ^{[1] [2] [3] [4]}.