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Bitcoin falls below $63K after BTC whale transactions drop 42%
Bitcoin transactions worth $100,000 or above have significantly fallen over the past two days. Meanwhile, Bitcoin has retraced below $63,000.
Bitcoin whales slowed their transaction activity in the past two days, just before Bitcoin’s price slipped below $63,000.
Crypto index turns from greed to neutral
The Crypto Fear and Greed Index, which measures crypto market sentiment, dropped to a “Neutral” score of 51, the lowest it has been in 51 days since Bitcoin fell below the critical $60,000 level to $59,122.
Spot Bitcoin exchange-traded funds (ETF) have also recorded a string of outflows over the past six trading days, according to Farside data. The largest day of outflows over the six days was $226.2 million on June 13. 0 reply
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