LowNegative
Announced Wed, 8 Jul · 12:05 IST

Bitcoin slips below $63K after a brief rally as investors stay cautious, avoid aggressive bets on altcoins

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bitcoin slipped below $63,000 after a brief rally, with the asset down 0.57% over 24 hours and Ethereum down 0.51% at $1,753. Major altcoins including BNB, XRP, Solana, Dogecoin, and Cardano fell up to 5.60%, while global crypto market capitalisation edged down 0.82% to $2.16 trillion. Analysts noted Bitcoin faces supply near the 4H 200 EMA around $63,850-$64,000 resistance zone, even as spot Bitcoin ETFs recorded $265 million in net inflows for a second consecutive day.