Bitcoin experienced a $91.4 million outflow as traders moved funds into stablecoins like USDT and fiat currencies such as the U.S. dollar, signaling short-term caution in the crypto market. Despite this risk-off rotation, selective inflows were noted in Ethereum and liquid staking assets, indicating some investors still seek yield and blue-chip crypto exposure. This pattern suggests traders are prioritizing liquidity and flexibility, preparing for potential volatility rather than committing to a strong directional move. Monitoring whether Bitcoin outflows continue will be key to understanding broader market sentiment.
Bitcoin dipped to its lowest since September 2024 at $57,700 before recovering slightly, with $395 million in liquidations signaling bearish pressure. Traders on Deribit favor puts over calls, notably targeting a $50,000 put expiring in September, su...
Bitcoin's Long-Term Holder Spent Output Profit Ratio (LTH-SOPR) dropped to 0.615 on June 30, the lowest since July 2023, indicating many long-term holders are selling at a loss. This coincides with Bitcoin's price falling 2.7% in 24 hours to $58,649....
Bitcoin has fallen below $60,000, signaling increased bearish pressure with potential to drop to $50,000 or even $35,000 if support fails. This decline reflects a shift to risk-off sentiment as investors favor hard assets like gold and silver, whose ...
Bitcoin's price fell 1.26% to $58,683, with on-chain data suggesting that large holders (whales) are quietly distributing rather than accumulating. Ethereum also slipped slightly, while some altcoins like WBT and XLM gained, indicating selective capi...
On July 1, major cryptocurrencies USDC and Bitcoin experienced the largest net outflows from exchanges, with USDC seeing about $503 million and Bitcoin $352.7 million withdrawn. This trend indicates a shift in exchange liquidity dynamics rather than ...
