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via CoinDesk · By CoinDesk Staff

BTC ETFs lose $635 million in a single day. What next?

BTC

BTC/USDT

$64,704.00

+0.68%

$64,704.00

+0.68%

(24s)

24h Volume

$5,198,517,596.33

24h H/L

$64,940.51 / $64,250.58

Change: $689.93 (1.07%)

Long/Short

64.1%

Long: 64.1%Short: 35.9%

Funding Rate

+0.0011%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,685.47

▲ 0.48%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$65,295.47

Price$64,685.47

Support 1$64,050.00

Support 2$62,290.69

Support 3$57,800.19

Pivot (PP):$64,220.09

Trend:Uptrend

RSI (14):52.1

CoinDesk Staff

(06:08 AM UTC)

1 min read

Updated byMichael Roberts

580 views

0 comments

Bitcoin investors yanked $635 million from spot ETFs in a day. Here's what it means for price

The single-largest outflow since late January comes as bitcoin turns lower from the 200-day moving average.

A key tailwind that supposedly powered bitcoin's recent rise above $80,000 appears to be fading.

The 11 U.S.-listed spot bitcoin exchange-traded funds (ETFs), which pulled in $3.29 billion in…

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

CoinDesk Staff · CoinDesk

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