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Xinbao Immediate News - International Finance - Bitcoin Price Trend: Drops Below the $63k Level - Xinbao Website hkej.com
The United States and Iran launched attacks against each other again, with Bitcoin falling below the $63k level.
According to CoinDesk quotes, Bitcoin hit a 24-hour low of $62,584, currently at $62,731, down 1.55%; Ethereum is currently at $1,775, down 1.01%; Dogecoin is down 0.82%.
The U.S. carried out another round of airstrikes on Iran, claiming it aims to weaken Iran’s ability to disrupt commercial ships’ freedom of passage through the Strait of Hormuz, with targets involving more locations.
SoSoValue data shows that spot Bitcoin exchange-traded funds (ETFs) have recorded net outflows for 8 straight weeks, with institutional investors’ interest in cryptocurrencies sharply declining.