Community Articles

via CoinDesk · By CoinDesk Staff

Bitcoin (BTC) funds capture $700 million as institutions place their bets: Crypto Daily

BTC

BTC/USDT

$63,064.25

-0.06%

$63,064.25

-0.06%

(24s)

24h Volume

$2,976,173,764.76

24h H/L

$63,390.00 / $62,968.45

Change: $421.55 (0.67%)

Long/Short

68.8%

Long: 68.8%Short: 31.2%

Funding Rate

+0.0033%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,100.90

▲ 0.02%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$63,100.90

Support 1$62,993.17

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.3

CoinDesk Staff

(11:15 AM UTC)

1 min read

Updated byJames Mitchell

0 comments

Your day-ahead look for May 11, 2026

This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.

Institutional demand for crypto is real, and suggests there may be a sustained bitcoin BTC$80,945.58 price move above its pivotal 200-day simple moving average (SMA).

Investors poured $858 million into crypto funds issued by asset managers like BlackRock and 21Shares…

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

CoinDesk Staff · CoinDesk

Read original →

Live BTC price →More BTC news →

Comments