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via Cointelegraph · By Cointelegraph Staff
Bitcoin, Altcoins Selloff Amid Rising ETF Outflows
BTC
BTC/USDT
$63,092.05
+0.13%
$63,092.05
+0.13%
(24s)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
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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