Bitcoin Falls to $61,400 Then Rebounds as ETF Outflows Total $4.4B Over 13 Days

BTC3.31%
ETH4.17%
According to BIT's market weekly report, Bitcoin fell to around $61,400 on June 4 (having declined from approximately $73,400 on June 1), with Ethereum dropping to $1,680. The decline was driven by sustained fund outflows from spot Bitcoin ETFs, which saw net outflows totaling $4.4 billion over 13 consecutive trading days. Bitcoin has shown early signs of recovery over the past 24 hours as it approaches the $60,000 support level.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments