Bitcoin Four-Month Low: Why Geopolitical Risk Is Breaking the Range
Bitcoin’s $65,707 low and $1.9B liquidations reflect U.S.–Iran tensions, ETF outflows, and Mt. Gox moves. Here’s what’s breaking the range now.
Crypto News·
Bitcoin has rebounded from an intraday low near $61,500 after weaker-than-expected U.S. labor market data strengthened expectations that the Federal Reserve could still lower interest rates later this year. According to data from crypto.news, Bitcoin (BTC) price traded at around…
Read full articleBitcoin’s $65,707 low and $1.9B liquidations reflect U.S.–Iran tensions, ETF outflows, and Mt. Gox moves. Here’s what’s breaking the range now.
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Crypto ETF flows remained broadly negative on Wednesday, June 3, as bitcoin and ether funds extended long outflow streaks. HYPE ETFs were the lone bright spot, drawing fresh capital even as the wider market moved into risk-off mode. HYPE ETFs Add $2.99M While Bitcoin and Ether Outflow Streaks Deepen The pressure that began in bitcoin […]
Bitcoin trades near $63K as ETF and MSTR accumulation tops 1.24M BTC, with $59,800 support and $53K cost basis in focus. Bitcoin sell pressure has returned to focus after BTC moved back near levels seen in March 2024, despite large ETF inflows and steady MSTR accumulation. Market analysts are now tracking whether the latest decline […] The post Bitcoin Sell Pressure Mounts Despite Massive ETF And MSTR Accumulation Wave appeared first on Live Bitcoin News.
Bitcoin (BTC) has fallen into bear-market territory after a sharp overnight selloff, while Michael Saylor framed the decline as a temporary capital rotation into artificial intelligence rather than a loss of confidence in the asset. Strategy Executive Chairman Michael Saylor…
Coinbase has funded the first Fannie Mae-insured mortgage in the U.S. using Bitcoin-backed collateral, bringing digital assets into a part of the housing finance market traditionally dominated by cash savings and bank deposits. According to Coinbase, the transaction was completed…