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Bitcoin slips below $64,000 as hawkish Fed overshadows signs of onchain repair

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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