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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

$79,623.33

-1.75%

$79,623.33

-1.75%

(24s)

24h Volume

$17,653,226,292.03

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0011%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,697.72

▲ 0.05%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,811.61

Price$79,697.72

Support 1$79,507.02

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.5

The Block Editorial

(01:48 PM UTC)

1 min read

Updated byDavid Kim

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…

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The Block Editorial · The Block

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