- Bitcoin struggles at $64k after failing to breach $66k, facing strong resistance.
- BTC ETFs saw $105.9M outflows on June 21, contributing to price volatility.
- Breaking the $68K resistance is crucial for Bitcoin’s future, or it risks dropping below $63K.
Crypto markets are sending mixed signals today, with Bitcoin and major altcoins struggling to gain momentum despite a slight uptick in overall market capitalization.
Trading volume has dipped significantly, reflecting a cautious sentiment among investors. The broader market is also feeling the strain, evidenced by a 7.59% decrease in trading volume over the last 24 hours, falling to $62.62 billion.
Nevertheless, the market cap has managed a slight increase of 0.16%, reaching $2.34 trillion, showing some signs of resilience amidst the prevailing bearish sentiment.
BTC Market Performance
At press time, Bitcoin’s price hovers above $64k following an unsuccessful attempt to surpass the $66,000 mark earlier in the week. This resistance has triggered a flurry of activity among traders, with approximately $88 million worth of positions, predominantly long, being liquidated.
This trading pattern mirrors mov…
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