Bitcoin Slides Below $60,000 as ETF Outflows Extend to Seventh Week
Bitcoin Declines as Risk Sentiment Weakens Bitcoin fell 2.7% to $59,918.5 by 01:57 ET (05:27 GMT) on Friday and was down nearly 7% for the week. The move kept the largest cryptocurrency below key price levels amid a wider sell-off...
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Bitcoin Extends Losses as ETF Outflows Persist and Coinbase Faces Legislative Focus
Bitcoin Holds Near Annual Lows Amid Risk Aversion Bitcoin fell 0.2% to $62,778.2 by 02:05 ET (06:05 GMT) on Wednesday, as risk-driven assets remained pressured. The move extended a week of range-bound trading, with the world’s largest cryptocurrency holding just...
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Spot Bitcoin ETFs Log Sixth Straight Week of Outflows as Attention Turns to AI
Extended Outflows but Slowing Pace According to data from SoSoValue, U.S. spot bitcoin ETFs posted $226.8 million in net outflows in the week ending June 18. Over the past six weeks, cumulative outflows reached $5.94 billion, marking the longest consecutive...
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Bitcoin Heads for Weekly Losses as Fed Signals, U.S.-Iran Uncertainty Weigh on Crypto
Bitcoin Declines as Fed Signals Pressure Risk Assets Bitcoin fell 2% to $62,687.6 by 01:47 ET (05:47 GMT) on Friday and was set to lose 2.8% for the week. The move extended a reversal of a recent, short-lived recovery in...
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Crypto Market Slips as Fed Delivers Hawkish Projections Under New Chair
Crypto Prices Decline Following Fed Decision Major digital assets moved lower after the Federal Open Market Committee (FOMC) voted 12-0 to maintain the federal funds rate at 3.5% to 3.75%. The outcome was broadly anticipated and largely priced in ahead...
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