Bitcoin Holds Above $65,000 as Spot ETFs See $519M Outflow and $1.14B in Crypto Liquidations
Bitcoin traded near $65,948 on Wednesday while major altcoins declined as much as 4 percent. Spot Bitcoin and Ethereum ETFs posted combined net outflows of more than $600 million on Tuesday.
BenzingaBitcoin traded at $65,948 on Wednesday after falling toward the $65,000 level amid heavy selling pressure in cryptocurrency markets. 000055226 at the time of the report. Ethereum, XRP, and Dogecoin each declined as much as 4 percent during the period.
14 billion. 2 million from spot Ethereum ETFs on Tuesday. Benzinga reported that the price action occurred as crypto markets faced ETF outflows, more than $1 billion in liquidations, and worsening fear sentiment.
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