Buy Crypto
Markets
Spot
Futures
Earn
Promotion
More
reward-centerNewcomer Zone
Feed HomeFlash details
BTC Tests $64,000 Support as ETF Outflows Hit $111.5M
  • BTC0%
  • ETH0%

CoinEx News: Bitcoin traded near the $64,000 support area on June 18, down about 2.4% in 24 hours, as U.S. spot Bitcoin and Ether ETFs posted a combined $111.5 million net outflow on June 17, according to Farside Investors. Bitcoin funds lost $82.2 million, while Ether funds lost $29.3 million. The pressure came after Kevin Warsh’s first meeting as Fed chair, where the Fed held rates at 3.5%-3.75%. For traders, $64,000 is the line to watch: holding it keeps BTC range-bound, while a clean break raises the risk of a move toward $62,000-$63,000. This is a risk signal, not proof of a new downtrend.

Source: CoinEx

Disclaimer: The current content is provided for reference only and does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

Hot
  • Coins
    Price
    24H Change