
Bitcoin slips below $64,000 as hawkish Fed overshadows signs of onchain repair
Hex37's read
- Bitcoin falls below $64,000 amid hawkish Federal Reserve stance.
- BTC ETFs experienced $82.2 million in net outflows.
- On-chain data suggests improving liquidity may form a price floor.
What it means for traders
- Hawkish Fed sentiment could pressure Bitcoin and other cryptocurrencies.
- ETF outflows indicate reduced institutional demand, potentially bearish.
Affected markets
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