Community Articles

via Decrypt · By Decrypt Editorial

Bitcoin Shrugs off CLARITY gains as Institutions Sell Amid Surging Treasury Yields

BTC

BTC/USDT

$62,802.03
-1.90%
24h Volume

$18,345,901,614.30

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

+0.0028%

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
DE
Decrypt Editorial
(01:00 PM UTC)
1 min read
EW
Approved byEmily Watson
1204 views
0 comments

In brief

  • The 7D-SMA of US spot Bitcoin ETF netflows dropped to -$88M/day, the largest outflow since mid-February, Glassnode said.
  • The 10-year Treasury yield hit 4.52%, and April CPI came in at 3.8% year-over-year—the highest in three years—pushing back expectations of a Fed rate cut.
  • Analysts say $77,000 is the key support level; a break below, with open interest still elevated, could trigger a…

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.

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

Decrypt Editorial · Decrypt

Read original →

Comments
Comments