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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

$63,072.43

+0.18%

$63,072.43

+0.18%

(24s)

24h Volume

$2,102,650,547.85

24h H/L

$63,175.00 / $62,946.58

Change: $228.42 (0.36%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0000%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,072.43

▼ -0.02%

Volume (24h): -

Resistance Levels

Resistance 3$64,901.59

Resistance 2$63,882.62

Resistance 1$63,121.09

Price$63,072.43

Support 1$62,928.14

Support 2$62,275.00

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.1

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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