Skip to content

Bitcoin

Bitcoin Stalls at $63,400 as ETFs Outpace Network Issuance

Josh1 min read

Bitcoin daily chart.Bitcoin dipped 0.7% to trade near $63,400 after a brief morning rally to $64,400 failed. Volatility triggered $39 million in total liquidations over 24 hours, heavily skewed toward long positions. Volatility and Liquidation Trends Bitcoin remained under pressure Tuesday, more than 24 hours after the revelation that Strategy sold 1,690 bitcoins to fund the repurchase […]

Source: https://news.bitcoin.com/market-updates/bitcoin-stalls-at-63400-as-etfs-outpace-network-issuance/

Market Analyst

Josh

This author has not added a bio yet.

View all analysis