Bitcoin’s 50% drop to $60K called modest by analysts, who say institutional flows show a maturing crypto market.

Bitcoin (BTC) fell to about $60,000 on February 5 after sliding roughly 50% from its peak near $126,000, according to the latest market note from Binance’s research arm.

The report argues that, compared with prior cycles, the scale and structure of the decline suggest a market shaped more by institutional capital and macro forces than retail speculation.

Drawdown Data and Macro Forces Shaping the Slide

In a post published February 13, Binance Research wrote that the current 50% pullback “represents a modest correction relative to prior cycles,” noting…