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via CoinDesk · By CoinDesk Staff

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

BTC

BTC/USDT

$61,219.99

-2.08%

$61,219.99

-2.08%

(24s)

24h Volume

$30,588,689,675.09

24h H/L

$62,523.59 / $59,102.70

Change: $3,420.89 (5.79%)

Long/Short

68.4%

Long: 68.4%Short: 31.6%

Funding Rate

+0.0002%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$61,139.99

▲ 0.10%

Volume (24h): -

Resistance Levels

Resistance 3$64,719.41

Resistance 2$63,289.97

Resistance 1$61,824.92

Price$61,139.99

Support 1$61,067.23

Support 2$59,062.46

Support 3$52,643.43

Pivot (PP):$61,262.44

Trend:Downtrend

RSI (14):33.6

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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