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Crypto Market Update – June 22
Bitcoin dipped below 63,312 amid geopolitical tensions and macro pressure. Currently trading around 64,100, down ~0.8% on the day.
Fear & Greed Index just dropped to 21 – firmly in "Extreme Fear" territory.
ETF outflows continue spot Bitcoin ETFs recorded a 6.35B.
Meanwhile, a new whale address just opened $6.68M in 20x short positions on BTC, ETH, and SOL.
Bright spots? BTC rebounded off 63K. US-Iran peace talks are advancing, which could ease macro pressure.
Fear is temporary. Conviction wins. 💎
#Bitcoin #CryptoMarket #BTC #FearAndGreed