๐ Bitcoin Slips to $63,400 as Fed Minutes and ETF Outflows Bite
Bitcoin dropped 1.86% overnight to ~$63,394, pulling back from mid-week highs above $64,900 that followed softer US inflation data. Hawkish Fed minutes, rising Iran tensions, and renewed ETF outflows are the drag โ the broader crypto market cap fell 1.6% to $2.27 trillion. After an 8-week streak that bled $8.2B from Bitcoin ETFs, early July briefly saw a $510M inflow bounce, but that momentum seems to be fading again. Are we stuck in a $62Kโ$65K range, or is the next big move loading? Not financial advice.
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