Bitcoin ETFs experienced a net outflow of $696.29 million in 24 hours, the highest since May, as Bitcoin's price fell below $60,000, retesting levels last seen in late 2024. This significant withdrawal reflects growing institutional selling pressure and investor caution amid Bitcoin's recent volatility. The price drop to around $58,000 has sparked concerns about Bitcoin's short-term recovery prospects, with the asset currently trading near $59,400. Market participants remain watchful for Bitcoin's next price movement amid this bearish outlook.
XRP is approaching a critical support level near $1 after a nearly 9% drop this week, triggered by a broad crypto market sell-off and heavy liquidations. Bitcoin's fall to a yearly low around $58,000 and rising U.S. inflation data have intensified se...
Bitcoin experienced significant capital outflows as traders moved funds into stablecoins like USDT and USDC, as well as fiat currencies including USD, BRL, and TRY. This shift indicates a defensive market stance, with investors seeking liquidity and ...
Bitcoin bounced back from its lowest level since September 2024, trading near $59,700 after dipping to around $58,100. Meanwhile, ether continued to decline, holding near $1,550, and U.S. equity futures showed signs of weakness. Market stress is evid...
Bitcoin slipped below $60,000, trading around $59,586 after a US inflation report showed higher-than-expected Personal Consumption Expenditures, signaling prolonged Fed interest rate hikes. This triggered a $1.48 billion crypto liquidation, dragging ...
Bitcoin's price is currently testing a critical $60,000 support level after falling below its 200-day moving average, showing a pattern of lower highs and lower lows. Despite this bearish trend, long tails on recent candles suggest strong buying inte...
