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via CoinDesk · By CoinDesk Staff
Bitcoin (BTC) price slips as U.S. PPI fails to spark gains, ETFs see August's first two-day drawdown
BTC
BTC/USDT
$63,090.01
-0.05%
$63,090.01
-0.05%
(24s)24h Volume
$2,488,863,636.72
24h H/L
$63,175.00 / $62,920.00
Change: $255.00 (0.41%)
Long/Short
67.9%
Long: 67.9%Short: 32.1%
Funding Rate
+0.0026%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(11:06 AM UTC)
1 min read
Summary
- Spot bitcoin ETFs saw $192 million in back-to-back outflows as bitcoin fell to its lowest level since Aug. 3.
- While U.S. stocks gained after cooler-than-expected producer price data, crypto markets lagged, with bitcoin and ether slipping even as some altcoins outperformed.
- Derivatives and funding data show growing bearish positioning in tokens like bitcoin cash…
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