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Bitcoin rebounds above $64K amid ETF outflows and Hormuz Strait tensions

Market News
21 Jun 2026
Crypto news
View Source
Neutral
Bitcoin rebounds above $64K amid ETF outflows and Hormuz Strait tensions

Bitcoin recovered above $64,000 over the weekend after a drop below $62,400 on Friday, but the broader crypto market showed limited momentum. Altcoins LAB and AERO led gains with notable increases, while major tokens like Ethereum and XRP remained mostly flat. Traders are closely watching Bitcoin's support at $62,000 and resistance near $67,000, influenced by ongoing U.S.-Iran ceasefire talks and significant Bitcoin ETF outflows totaling $6.35 billion in the past 30 days. The market remains cautious, awaiting clearer signals for a sustained rally or further declines.

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