Community Articles

via Cointelegraph · By Cointelegraph Staff

Bitcoin, Altcoins Selloff Amid Rising ETF Outflows

BTC

BTC/USDT

$63,684.01
-0.63%
24h Volume

$15,464,149,803.09

24h H/L

$65,622.83 / $63,674.97

Change: $1,947.86 (3.06%)

Long/Short
65.0%
Long: 65.0%Short: 35.0%
Funding Rate

+0.0008%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$64,063.66

0.07%

Volume (24h): -

Resistance Levels
Resistance 3$66,822.51
Resistance 2$65,712.57
Resistance 1$64,184.50
Price$64,063.66
Support 1$63,949.65
Support 2$61,834.89
Support 3$59,130.91
Pivot (PP):$64,055.99
Trend:Downtrend
RSI (14):41.1
CS
Cointelegraph Staff
(06:28 PM UTC)
1 min read
EW
Reviewed byEmily Watson
576 views
0 comments

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Cointelegraph Staff · Cointelegraph

Read original →

Comments
Comments