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Crypto

Bitcoin Stuck Near $64,400 Amid ETF Outflows and Regulatory Uncertainty

Guavy AI Editorial Team
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BTC
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Bitcoin's price has been stuck in a narrow trading range near $64,366 as institutional investors pull back from Bitcoin ETFs. Over two days, outflows exceeded $465 million, signaling waning demand for BTC.

The broader crypto market is digesting recent gains amid macroeconomic headwinds, including surging oil prices and a rising US Treasury 10-year yield that have sparked risk-off sentiment.

Regulatory uncertainty around the CLARITY Act adds to investor caution. The proposed law aimed at clarifying crypto regulations saw its odds of passage drop to 35% on July 25 due to conflicts of interest surrounding President Donald Trump's reported $1.4 billion crypto windfall.

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