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via Cointelegraph · By Cointelegraph Staff
Bitcoin Slips Below $80K As Spot ETF Inflows Top $1B
BTC
BTC/USDT
$62,910.00
-0.27%
$62,910.00
-0.27%
(24s)24h Volume
$4,141,993,919.97
24h H/L
$63,390.00 / $62,716.00
Change: $674.00 (1.07%)
Long/Short
69.5%
Long: 69.5%Short: 30.5%
Funding Rate
+0.0024%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(08:05 PM UTC)
1 min read
Bitcoin (BTC) price dropped to $79,800 on Thursday after being rejected at a key dynamic resistance level. The pullback occurred despite the weekly spot Bitcoin exchange-traded fund (ETF) inflows surging past $1 billion for the first time since January, but technical data suggests the correction may be short-lived.
Bearish divergences point to where BTC price may go
Bitcoin’s dip below…
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