Bitcoin traded near $77,173 as ETF outflows in US spot products exceeded $352 million, showing weakening institutional demand. The Crypto Fear and Greed Index dropped sharply from 62 to 31, indicating a shift from greed to fear among traders amid macroeconomic uncertainty. Futures open interest declined, reflecting reduced leverage and cautious positioning, while the Coinbase Premium stayed negative, signaling weaker US demand compared to global activity. Technical indicators suggest Bitcoin could fall toward $70,000 support if selling pressure increases, though a breakout above resistance could target $85,000. Overall, market sentiment and liquidity conditions point to a fragile short-term outlook for Bitcoin.
On June 15, Ethereum, Solana, and XRP spot ETFs attracted net inflows, signaling growing investor confidence in these cryptocurrencies. In contrast, Bitcoin spot ETFs experienced $64.09 million in net outflows, reflecting a shift in preference among ...
Despite Bitcoin's recent 10% recovery, analyst Ali Martinez warns the next bull market is not imminent. He points to the Cumulative Value Days Destroyed (CVDD) metric, which last marked a market bottom when Bitcoin hit around $48,000. Martinez sugges...
Bitcoin surged past $66,000 while Ethereum and Solana also gained, driven by easing geopolitical tensions and renewed risk appetite. Despite about $3 billion in outflows from Bitcoin ETFs, experts say this reflects market maturation rather than decli...
Three major institutions—Galaxy Digital, NYDIG, and Standard Chartered—disagree on whether Bitcoin has hit its bottom, with estimates ranging from not yet to around $59,000. Bitwise CIO Matt Hougan argues the focus should be on their shared view that...
Bitcoin investors have added a net total of approximately 259,000 BTC between the price range of $59,000 and $67,000 over the past 10 days, according to Glassnode data. This buying activity spans all wallet sizes, from small retail holders to large w...
