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via Cointelegraph · By Cointelegraph Staff

Bitcoin Rallies Back Into Range Even As Investors Spot Risks

BTC

BTC/USDT

$62,729.25
-2.06%
24h Volume

$18,320,887,572.15

24h H/L

$64,095.55 / $61,938.00

Change: $2,157.55 (3.48%)

Long/Short
67.2%
Long: 67.2%Short: 32.8%
Funding Rate

+0.0027%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,672.00

-0.10%

Volume (24h): -

Resistance Levels
Resistance 3$68,191.60
Resistance 2$64,241.09
Resistance 1$62,814.54
Price$62,672.00
Support 1$61,912.81
Support 2$60,603.05
Support 3$59,130.91
Pivot (PP):$62,799.18
Trend:Downtrend
RSI (14):37.2
CS
Cointelegraph Staff
(09:22 PM UTC)
1 min read
DK
Approved byDavid Kim
604 views
0 comments

Key takeaways:

  • $2 billion in spot Bitcoin ETF outflows spark downside fears, but this metric is typically backward-looking.
  • A sustained discount on stablecoins in China signals broad capital flight from cryptocurrency markets.

Bitcoin (BTC) reclaimed $77,000 on Wednesday as broader risk markets saw modest relief after Brent crude prices retreated below $108. However, large outflows from spot Bitcoin…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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