🚨 Bitcoin slips to $64,000 as oil rally and ETF outflows pressure BTC
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Key takeaways Bitcoin trades below $64,000 as stalled US-Iran negotiations weaken demand for risk-sensitive assets. Rising oil prices are increasing inflation concerns and expectations of another Federal Reserve rate hike. US spot Bitcoin ETFs recorded $144.67 million in net outflows on Monday, ending a five-day inflow streak. Bitcoin (BTC) is struggling below $64,000 at the [...] The post Bitcoin slips to $64,000 as oil rally and ETF outflows pressure BTC appeared first on CoinJournal .
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Key takeaways Bitcoin trades below $64,000 as stalled US-Iran negotiations weaken demand for risk-sensitive assets. Rising oil prices are increasing inflation concerns and expectations of another Federal Reserve rate hike. US spot Bitcoin ETFs recorded $144.67 million in net outflows on Monday, ending a five-day inflow streak. Bitcoin (BTC) is struggling below $64,000 at the [...] The post Bitcoin slips to $64,000 as oil rally and ETF outflows pressure BTC appeared first on CoinJournal .
#Crypto #News