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On Thursday, Bitcoin (BTC) briefly exceeded $62,000, but fell below this mark due to the lack of sufficient support.

Moreover, the pressure increased so much that the cryptocurrency fell to $61,277 during trading in the Asia-Pacific region on Friday.

Over the week, BTC capitalization decreased by 4.56% to $1.209 trillion.

The daily trading volume decreased to $22 billion on June 27 due to weak investor activity.

Risks of a rollback below $61,000 remain, but support in the $60,000 region should work, according to analysts at the QCP Capital fund.

Their report says that the bulls do not want to provoke negative turbulence in the market. They are satisfied with the low trading range, so BTC's positions remain strong, despite the US government's plans to sell 3,940 BTC through the Coinbase exchange.

For the first time in seven days, spot crypto Bitcoin ETFs were able to raise $52.4 million, while capital has largely been exiting the market since the end of last week.