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via Cointelegraph · By Cointelegraph Staff

Bitcoin, Altcoins Selloff Amid Rising ETF Outflows

BTC

BTC/USDT

$79,774.01

+0.05%

$79,774.01

+0.05%

(24s)

24h Volume

$6,081,585,760.20

24h H/L

$80,200.00 / $79,442.00

Change: $758.00 (0.95%)

Long/Short

52.8%

Long: 52.8%Short: 47.3%

Funding Rate

+0.0012%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,898.13

▲ 0.30%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,683.92

Resistance 1$80,881.43

Price$79,898.13

Support 1$79,635.96

Support 2$76,187.99

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.9

Cointelegraph Staff

(06:28 PM UTC)

1 min read

Reviewed byEmily Watson

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…

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Source

Cointelegraph Staff · Cointelegraph

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