Why is crypto down today? Bitcoin ETF inflow streak ends with $225M in outflows

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The crypto market saw a decline, with the total market cap shrinking by 1.18% in 24 hours, while the Fear and Greed Index stood at 34. Bitcoin’s longest streak of spot ETF inflows in nine months was broken, with net outflows of $225.1 million on July 23. This reversal coincided with escalating U.S.-Iran tensions and higher Brent crude prices, contributing to a broader risk-off mood across markets. Bitcoin fell 1.35% and Ethereum dropped 1.85%, and since then, long liquidations have reached $489.27 million versus $205.13 million for short liquidations, signaling a major shift. The $67,000 resistance zone could not be convincingly breached, and a new downward impulse could push the price toward the $57,800 area if sellers remain in control.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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