CryptoCointelegraphabout 1 hour ago
Bitcoin bounces off 21-month low, leverage data signals caution
1 min read
Bitcoin rose to $60,200 after hitting a 21-month low of $57,737. Funding rates stayed positive for three days, indicating crowded bullish bets. Long-term holders added 270,000 BTC in two weeks. US spot Bitcoin ETFs saw $4.5 billion in June outflows, the largest since launch.
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