Bitcoin (BTC) is taking a nosedive today. According to CoinGecko, the crypto market leader is trading for $60,577, having plunged by approximately 2.6% in the past day.

This plunge comes on the back of data showing weak demand for the newly launched Hong Kong spot exchange-traded funds tied to BTC and Ethereum (ETH).

Hong Kong ETFs Fail To Impress With Low Fir...