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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%
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
Bitcoin
Bitcoin
Daily

$63,133.03

0.07%

Volume (24h): -

Resistance Levels
Resistance 3$66,089.72
Resistance 2$64,397.36
Resistance 1$63,626.50
Price$63,133.03
Support 1$62,999.35
Support 2$62,275.00
Support 3$61,056.47
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.6
CS
CoinDesk Staff
(11:06 AM UTC)
1 min read
EW
Verified byEmily Watson
Bitcoin price (CoinDesk data)

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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Source

CoinDesk Staff · CoinDesk

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