Bitcoin price drops due to ETF outflows and strong dollar, reaching $63.6K

From Investing.com: 2024-06-21 09:17:32

Bitcoin prices fell on Friday due to significant outflows from BTC ETFs and decreased interest in crypto assets. The premier cryptocurrency traded at $63,665.8, the lowest in over a month, remaining within a $60,000 to $70,000 range.
US-listed spot Bitcoin ETFs recorded $900 million in weekly outflows, with Grayscale’s GBTC leading with $53 million. BlackRock’s IBIT was the only ETF with net inflows, gaining $1 million.
Altcoins followed Bitcoin’s lead, with Ethereum sliding 3% to $3,482.90. Other major altcoins and meme coins also experienced losses between 1.8% and 5%.

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