CoinEx Daily: Bitcoin Slips on Broad Risk-Off Flows and Weak Spot Demand

Daily View:

Bitcoin remained highly volatile, briefly rebounding toward the mid-$63,000 area before slipping back below $63,000 as traders reacted to broad risk-off flows, heavy liquidation activity, and continued signs of weak spot demand. Macro conditions were pressured by an aggressive equity selloff led by Asia, rising geopolitical tensions in the Middle East, firmer rate-hike expectations, stronger oil-driven inflation concerns, and a stronger dollar backdrop that weighed on both equities and crypto risk appetite. Overall crypto market sentiment stayed decisively defensive, with the Fear & Greed Index at 8 signaling extreme fear as investors reduced exposure amid one of the sector’s sharpest weekly drawdowns since the FTX-era shock.