Bearish
Bitcoin drops below $64,000 amid ETF outflows and rising U.S. Treasury yields
Bitcoin's price has fallen below $64,000, influenced by a $225 million net outflow from U.S. spot Bitcoin ETFs and increasing U.S. Treasury yields, which have heightened expectations of a Federal Reserve rate hike.
Key points
- Bitcoin's price declined to $63,666, triggering $87 million in liquidations.
- Despite the downturn, Bitcoin's market capitalization remains around $1.285 trillion.
- The crypto market's Fear and Greed Index stands at 28, indicating a fear sentiment among investors.
Sources
- Bitcoin Traders Trigger $87M in Liquidations After BTC Slides Below $64,000Bitcoin News · July 24, 2026
- Bitcoin and Ethereum Prices Today, Friday, July 24, 2026: Crypto Prices Retreat on Higher U.S. Treasury YieldsCoin-Informer · July 24, 2026
- FameEX Today’s Crypto News Recap | July 24, 2026FameEX · July 24, 2026
AI-generated from public news sources. Not financial advice.