Live markets: Bitcoin is stuck near $64,000 as ETF outflows reach a sixth week

Live markets: Bitcoin is stuck near $64,000 as ETF outflows reach a sixth week

Source: CoinDesk

Published:07:34 UTC

BTC Price:$64304.9

#BTC #ETF #Crypto

Analysis

Price Impact

Med

Continued etf outflows suggest a lack of institutional buying pressure, which is a significant factor for bitcoin's price. however, the outflows have narrowed, indicating selling pressure is easing, which prevents a high impact.

Trustworthiness

High

Price Direction

Neutral

Bitcoin is currently range-bound between $60,000 and $67,000. while etf outflows are a bearish signal, eased selling and improving risk appetite provide some support. the current forces are balanced, leading to a neutral short-term outlook.

Time Effect

Short

The article discusses immediate market conditions and an analyst's near-term price range projection ($60k-$67k), indicating a short-term focus. a sustainable recovery is mentioned for the second half of the year, but current analysis is focused on the immediate future.

Original Article:

Article Content:

live Updated just now Live markets: Bitcoin is stuck near $64,000 as ETF outflows reach a sixth week Eased ETF selling and improving risk appetite are being offset by a firmer dollar and cautious institutional flows, leaving bitcoin range-bound, one analyst says. By Shaurya Malwa Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email just now ยท 7:34 AM Shaurya Malwa Share Share this post Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin is stuck near $64,000 as ETF outflows reach a sixth week Bitcoin is trading around $64,000 ahead of the Europe open on Monday, per CoinDesk pricing data, still searching for a catalyst strong enough to break the range it has held for weeks. Selling from spot bitcoin ETFs has eased from earlier this month, but fresh institutional demand has yet to return. US spot bitcoin ETFs have now posted a sixth straight week of net outflows, data shows , save for a sparse few days of green. The scale has narrowed, but the absence of any sustained inflow shows institutions remain defensive as markets reassess the Federal Reserve's rate path. A bigger weight is the rebounding dollar. After the June meeting, the Fed's cautious message weakened expectations for near-term rate cuts, lifting the dollar index, which measures the greenback against major currencies, to the 100.6 to 100.8 area while keeping Treasury yields high. With liquidity still tight, capital favors assets with steadier yields over volatile ones like bitcoin. Easing geopolitical tension after the US-Iran deal has improved risk appetite, a short-term support. It has not been strong enough to offset the firmer dollar and the cautious flows. Bitcoin will likely hold a $60,000 to $67,000 range in the near term, said Simon-Peter Massabni, head of business development at XS.com, in emailed comments to CoinDesk. The market is "balanced between supportive and restrictive forces," he said, with eased ETF selling and better sentiment on one side and an unsupportive Fed and unconfirmed institutional flows on the other. A sustainable recovery in the second half would need more time to accumulate, a return of ETF inflows and stronger institutional demand. Until then, the current rebounds look technical rather than the start of a new uptrend. Latest Crypto News 1 Bitcoin developers want to fix the 'replace this transaction with a higher fee' button. Here's why 1 hour ago 2 Ethereum validators asked to fund projects with up to 10% of staking rewards under new proposal 1 hour ago 3 XRP briefly loses $1.14 support before buyers drive sharp rebound 2 hours ago 4 Bitcoin holds near $64,000 as US-Iran talks progress but crypto sits out the rally 2 hours ago 5 Are perps swaps? A quick look at that CME suit: State of Crypto 13 hours ago 6 Ethereum's biggest 'sandwich' bot drained of $7.5 million in ironic exploit Jun 21, 2026 7 Bitcoin holds near $64,000 as a renewed Hormuz threat clouds US-Iran ceasefire talks Jun 21, 2026 8 AI is making crypto security cheaper, faster and harder to ignore Jun 20, 2026 9 How STRC lost its par: The timeline behind Strategy's preferred-stock meltdown Jun 20, 2026 10 Schwab to join prediction markets race with S&P 500 event-based options: WSJ Jun 19, 2026 Latest Research CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. By CoinDesk Research Jun 15, 2026 In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. Why it matters : In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. View Full Report More From Tech Bitcoin developers want to fix the 'replace this transaction with a higher fee' button. Here's why Ethereum validators asked to fund projects with up to 10% of staking rewards under new proposal Ethereum's biggest 'sandwich' bot drained of $7.5 million in ironic exploit