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Bitcoin eyes $60,000 – Jupiter and Pi Network lead losses

Bitcoin eyes $60,000 – Jupiter and Pi Network lead losses

  • Bitcoin slips below $62,000 on Thursday, extending losses for the third consecutive day this week.
  • Crypto market sentiment grows heavy as the US military continues to launch strikes on Iran.
  • Jupiter and Pi Network are among the biggest losers over the last 24 hours.

Bitcoin (BTC) is extending its losses on Thursday for the third consecutive day amid renewed tensions between the US and Iran. Risk-off market sentiment intensifies, with Jupiter (JUP) and Pi Network (PI) emerging as the biggest losers over the last 24 hours. 

CoinMarketCap’s Crypto Fear and Greed Index is at 26 on Thursday, down from 29 on Monday, indicating a clear increase in risk-off sentiment.

Fear and Greed Index. Source: CoinMarketCap

Bitcoin vulnerable to steeper…

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