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via Cointelegraph · By Cointelegraph Staff

Bitcoin, Altcoins Selloff Amid Rising ETF Outflows

BTC

BTC/USDT

$84,209.48
-0.27%
24h Volume

$15,155,400,566.40

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short
58.1%
Long: 58.1%Short: 41.9%
Funding Rate

+0.0002%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels
Resistance 3$87,335.96
Resistance 2$85,667.07
Resistance 1$84,123.41
Price$84,056.77
Support 1$84,021.79
Support 2$80,169.72
Support 3$77,064.96
Pivot (PP):$84,179.33
Trend:Uptrend
RSI (14):64.1
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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