Bitcoin (BTC) falls below $64,000 as hawkish Fed hits risk assets

Bitcoin (BTC) traded under $64,000 on Thursday as Federal Reserve Chair Kevin Warsh's hawkish debut rattled risk assets. SoSoValue data shows spot bitcoin ETFs posted an $82.2 million net outflow, while spot ether ETFs lost $29.4 million. Glassnode said Bitcoin remains 15% below its on-chain True Market Mean of $77,200 despite signs that capital outflows may be slowing.
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