Crypto
Bitcoin Price Reclaims $64K Amid Rising Leverage Concerns
Bitcoin's price reclaimed $64K on Aug. 18 after experiencing a 1.7% increase, but experts warn that rising leverage raises the risk of a pullback.
The recovery comes as U.S.-listed spot Bitcoin ETFs recorded more than $137 million in net inflows on Monday, following over $385 million in net withdrawals during the previous week.
While this suggests institutional demand has returned, some analysts are cautioning that long leverage is building while exchange liquidity has declined, creating a risk of forced selling if the price falls to the upper-$50Ks.