#比特币重复使用地址持有433万枚btc
Bitcoin spot ETFs see $487 million in daily net outflows, the largest since June 25
Bitcoin spot ETFs recorded $487.1 million in net outflows on Wednesday, their largest single-day outflow since June 25.
The sell-off came before Bitcoin reached ETF investors’ average cost basis of about $82,300. BTC subsequently fell below that level to $81,019, down 2.95% in 24 hours.
The next key support zone is around $80,500 to $81,500, including Binance spot buy orders reportedly concentrated near $81,000. If the daily close falls below $80,550, Bitcoin could slide further to $76,000; a rebound above $83,000 could signal that the downturn is easing.
Low trading volumes could amplify price swings, while another round of large ETF outflows would add pressure.
Rising oil prices and bond yields weighed on the broader market. The volatility followed reports that the U.S. could take military action against Iran, though the reports have not been officially confirmed. Higher yields and a stronger dollar also pressured risk assets.
Ethereum fell 5.6%, with spot Ether ETFs recording net outflows for a seventh consecutive day; Cardano fell 10.2%.
The crypto market has also been affected by discussions about wallet security: Ethereum researcher Justin Drake warned that advances in AI could threaten existing wallet-signing mechanisms, while Coinbase’s head of cryptography, Yehuda Lindell, said there was no evidence of a viable attack.
Overall, short-term market signals are cautious, with ETF flows, key support levels, and geopolitical developments likely to shape the market’s next moves.
Bitcoin spot ETFs see $487 million in daily net outflows, the largest since June 25
Bitcoin spot ETFs recorded $487.1 million in net outflows on Wednesday, their largest single-day outflow since June 25.
The sell-off came before Bitcoin reached ETF investors’ average cost basis of about $82,300. BTC subsequently fell below that level to $81,019, down 2.95% in 24 hours.
The next key support zone is around $80,500 to $81,500, including Binance spot buy orders reportedly concentrated near $81,000. If the daily close falls below $80,550, Bitcoin could slide further to $76,000; a rebound above $83,000 could signal that the downturn is easing.
Low trading volumes could amplify price swings, while another round of large ETF outflows would add pressure.
Rising oil prices and bond yields weighed on the broader market. The volatility followed reports that the U.S. could take military action against Iran, though the reports have not been officially confirmed. Higher yields and a stronger dollar also pressured risk assets.
Ethereum fell 5.6%, with spot Ether ETFs recording net outflows for a seventh consecutive day; Cardano fell 10.2%.
The crypto market has also been affected by discussions about wallet security: Ethereum researcher Justin Drake warned that advances in AI could threaten existing wallet-signing mechanisms, while Coinbase’s head of cryptography, Yehuda Lindell, said there was no evidence of a viable attack.
Overall, short-term market signals are cautious, with ETF flows, key support levels, and geopolitical developments likely to shape the market’s next moves.