Bitcoin Flails Around $64,000 as ETF Outflows Weigh on Confidence
Bitcoin's price has been oscillating around $64,000 after touching a 24-hour low of $63,700. The Crypto Fear & Greed Index sits at 27, firmly in fear territory.
The past 24 hours have seen the asset swing between a high of $65,406 and a low of $63,700, with total crypto market capitalization falling 1.1% to $2.28 trillion while bitcoin dominance held steady at 56.4%
On July 24, spot bitcoin exchange-traded funds (ETFs) recorded $225.18 million in net outflows, ending a seven-session inflow streak that had pulled in roughly $1 billion over the prior week.
Ethereum's price also declined during this period, while total trading volume reached approximately $63 billion, a level consistent with an actively traded but not euphoric session.