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via Cointelegraph · By Cointelegraph Staff

Bitcoin, Altcoins Selloff Amid Rising ETF Outflows

BTC

BTC/USDT

$63,092.05
+0.13%
24h Volume

$2,093,464,994.63

24h H/L

$63,175.00 / $62,968.45

Change: $206.55 (0.33%)

Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate

+0.0033%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,067.02

-0.03%

Volume (24h): -

Resistance Levels
Resistance 3$64,507.45
Resistance 2$63,879.31
Resistance 1$63,135.87
Price$63,067.02
Support 1$62,882.63
Support 2$61,814.38
Support 3$61,056.47
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.1
CS
Cointelegraph Staff
(06:28 PM UTC)
1 min read
EW
Reviewed byEmily Watson

Key points:

  • Bitcoin is under pressure as net outflows from the BTC ETFs highlight a shift in institutional investor sentiment.
  • Most major altcoins look weak, suggesting the bears are in control.

Bitcoin (BTC) fell below $75,000 on Wednesday, indicating that the bears are slowly taking charge of the crypto market. Institutional investors seem to be on a selling spree, with BTC exchange-traded funds…

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Source

Cointelegraph Staff · Cointelegraph

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