Crypto Markets Lost $100B Overnight as Spot Bitcoin ETF Outflows Hit $146M (Market Watch)

📆 18/06/2024 11:09:00
📰 Crypto_Potato

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After a quiet weekend, bitcoin’s price headed south violently in the past 12 hours or so and dumped to a monthly low of $64,000 amid the growing outflows from the spot ETFs.Bitcoin tried to take down the $70,000 level on a few occasions last week, but to no avail. The last attempt came after the favorable US CPI data came out on Wednesday and BTC skyrocketed from under $67,000 to $70,000 in minutes.

Solana, Dogecoin, Toncoin, Cardano, Avalanche, and Chainlink are also deep in the red. DOT is close to breaking below $6. ETH and BNB are also in the red.

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