ETF Outflows

Bitcoin remained trapped in a tight range, with BTC/USD trading around 63,884 after a cautious Federal Reserve decision and weakening ETF demand. Technical traders are watching 60,000 as the next downside marker, while a break above 66,700 would challenge the bearish setup.

Bitcoin continued its rebound toward the psychological 64,000 area despite Strategy announcing its biggest Bitcoin sale and spot Bitcoin ETFs extending outflows. Technical traders remain cautious, with 60,000 seen as a key support area and 68,000 viewed as the main upside level in the near term.

Bitcoin’s latest cycle has delivered far smaller returns per dollar of new money than earlier bull markets, underscoring how much the asset has matured. Market participants say another parabolic advance may require more than $1 trillion in fresh institutional capital, a threshold that remains uncertain as ETF flows weaken.

XRP has gained about 8% over the past week to trade around $1.14, even as onchain data show holders sitting on historically deep unrealized losses. Market participants are watching whether depressed MVRV readings signal capitulation, improved risk-reward, or simply another volatile phase before broader conditions stabilize.

Bitcoin whales accumulated more than 270,000 BTC in two weeks even as U.S. spot bitcoin ETFs suffered record June outflows. The split between large-holder demand and weaker institutional flows has revived talk of a possible cycle bottom.

Bitcoin climbed toward $62,000 as a wave of liquidations squeezed bearish traders and lifted major tokens across the market. Ether and Solana outperformed, while weaker U.S. jobs data helped ease pressure on risk assets.

Samsung Electronics and SK Hynix plan to pour about $518 billion into new chip facilities, a move aimed at doubling South Korea’s DRAM output and meeting surging AI demand. The scale of the investment underscores how aggressively capital is rotating into AI infrastructure just as crypto markets struggle for momentum.

Bitcoin fell below $60,000 over the weekend and is on track to finish the second quarter lower after a weak first quarter. The retreat comes as ETF outflows, a hawkish Fed, and a stronger dollar pressure crypto markets broadly.

Major cryptocurrencies fell this week as traders chased the AI stock rally, leaving crypto under fresh pressure. Bitcoin held up better than most, repeatedly bouncing near $58,000.

Bitcoin weakened toward $62,000 as a broad rout in technology and semiconductor shares dragged risk assets lower for a second straight session. ETF outflows and a looming options expiry added pressure, keeping traders focused on whether $60,000 can hold.

Deutsche Bank said Bitcoin’s slide below $60,000 reflects a tougher macro backdrop, record ETF outflows and growing pressure from leveraged corporate holders. The bank also pointed to a shift of risk capital into AI-related stocks and infrastructure, which it said is weighing on crypto demand.

Bitcoin climbed about 2% to nearly $65,800 after the United States and Iran agreed to end hostilities and reopen the Strait of Hormuz. The deal knocked crude prices lower and lifted risk assets, but analysts warn institutional demand remains a drag.

Bitcoin ETF optimism fades after over $1 billion in three days of outflows. BTC drops toward $90,000 as investors await U.S. jobs data and key legal decisions.