Bitcoin's price surged above the key psychological level of $60,000, demonstrating resilience despite ongoing spot BTC ETF outflows and Federal Reserve rate hike fears.
Bitcoin's funding rate has hit a **two-week high**, signaling derivatives market optimism, yet **ETF outflows** and **macroeconomic concerns** temper short-term upside potential.
Institutional investors are reportedly selling Bitcoin at a rate significantly exceeding daily supply, raising concerns about a potential price drop to $30,000.
Bitcoin has dropped below the critical $60,000 mark, reaching its lowest price since October 2024, influenced by institutional selling, ETF outflows, and rate-hike concerns.
Despite a recent 14% drop, Standard Chartered's head of digital assets believes Bitcoin's market bottom is nearing, presenting a prime buying opportunity.
Bitcoin's price has fallen below the crucial $62,000 mark, driven by significant institutional outflows, geopolitical concerns, and a notable sale from MicroStrategy.
Bitcoin's recent price dip below $67,000 triggered a broad market reaction, impacting major crypto-linked equities like MicroStrategy and Coinbase.
Bitcoin's price dipped below $68,000, influenced by significant ETF withdrawals, MicroStrategy's first BTC sale, and Mt. Gox wallet movements.
Bitcoin's price fell to a two-month low following a major strategy's first BTC sale since 2022 and billions in outflows from spot Bitcoin ETFs.