Crypto 350

06/24 05:54

Crypto News Today (June 23): BTC Crashes Below $63

#World Cup Predictions: 100,000 USDT Daily #TradFi Trading Strategies Sharing Challenge #HTX Creation Challenge — Post and Win 1,500U 💥 Crypto News Today (June 23): BTC Crashes Below $63K, Metaplanet Removed From S&P Japan, RWA Market Hits $51Bn crypto news today (June 23), Bitcoin has crashed below $63,000, sparking fears that a drop to $60,000 is imminent. ETF flows are dictating current price action once again, with three consecutive red days, and yesterday alone saw $68M BTC sold. Liquidations have also picked up, with over $575M over the past 24-hours and $458M of that figure coming from long positions. Liquidations, mostly from longs, signal that the market is back in a downtrend, but bulls have yet to accept that truth.Chainlink (LINK) and Monero (XMR) are two of the only major caps in the green today, each up around +2.5%, highlighting strength while the broader market bleeds. Trading volume has dropped off considerably, sitting at $68Bn over the past 24-hours, down from over $110Bn just two days ago. With Bitcoin and the broader market continuing to bleed, the Fear & Greed Index remains at 23/100, maintaining the 20-25 range over the last seven days and indicating a lack of clear direction across crypto.

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