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via Cointelegraph · By Cointelegraph Staff
Bitcoin, Altcoins Selloff Amid Rising ETF Outflows
BTC
BTC/USDT
$84,209.48
-0.27%
$84,209.48
-0.27%
(24s)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
CS
Cointelegraph Staff(06:28 PM UTC)
1 min read
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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