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via The Block · By The Block Editorial

'Materially softer demand': Bitcoin hits two-month low below $69,000 amid institutional outflow streak, fading onchain interest

BTC

BTC/USDT

$62,434.01

-2.44%

$62,434.01

-2.44%

(24s)

24h Volume

$19,030,708,265.23

24h H/L

$64,445.19 / $62,272.07

Change: $2,173.12 (3.49%)

Long/Short

66.3%

Long: 66.3%Short: 33.7%

Funding Rate

-0.0004%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,455.20

▼ -0.80%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$64,767.31

Resistance 1$62,935.35

Price$62,455.20

Support 1$61,834.17

Support 2$60,268.58

Support 3$52,679.32

Pivot (PP):$62,627.31

Trend:Downtrend

RSI (14):33.8

The Block Editorial

(01:48 PM UTC)

1 min read

Updated byDavid Kim

580 views

0 comments

Bitcoin prices fell below $69,000 on Tuesday, touching its lowest level since early April, as a deepening institutional outflow streak, heavy liquidations, and stalling onchain capital compounded a week of deteriorating market structure.

The drop of more than 4% on the day left bitcoin (BTC) trading as low as $68,971 on The Block's price page, with Ethereum (ETH) holding just below $1,975 and…

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

The Block Editorial · The Block

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