Bitcoin hovers near $64,000 amid $225M ETF outflows and market fear signals.
Bitcoin's price fluctuated around $64,000 after a $225 million outflow from spot bitcoin ETFs, mainly from Blackrock's IBIT fund, ended a week-long inflow streak. The Crypto Fear & Greed Index remains in the fear zone at 27, reflecting investor caution despite bitcoin's recovery from early July lows. The total crypto market cap fell 1.1% to $2.28 trillion, with bitcoin dominance steady at 56.4%. Ethereum also declined, while ether ETFs saw inflows, highlighting a divergence in investor interest. Traders will watch if bitcoin can decisively hold above $64,000 amid ongoing market uncertainty.
Bitcoin's price fluctuated around $64,000 after a $225 million outflow from spot bitcoin ETFs, mainly from Blackrock's IBIT fund, ended a week-long inflow streak. The Crypto Fear & Greed Index remains in the fear zone at 27, reflecting investor caution despite bitcoin's recovery from early July lows. The total crypto market cap fell 1.1% to $2.28 trillion, with bitcoin dominance steady at 56.4%. Ethereum also declined, while ether ETFs saw inflows, highlighting a divergence in investor interest. Traders will watch if bitcoin can decisively hold above $64,000 amid ongoing market uncertainty.
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