Bitcoin: Will BTC hold $60K as exchange inflows hit multi-month high?
Bitcoin [BTC] could face another round of volatility as concerns grow over whether the asset can hold the $60,000 region. At press time, Bitcoin was trading around $62,500, with a growing number of traders exiting the market. On the 23rd of June, U.S. spot Bitcoin exchange-traded funds recorded an outflow of roughly $113.78 million, marking their first back-to-back daily outflows. This occurred as the overall spot market netflow reached $30.56 million.