Crypto

Live updates: Traders say bitcoin sell-off from $65,000 points to thin volume, not panic selling

ARP Digital’s Yusuf Fakhro said bitcoin’s weakness reflects stalled participation more than forced selling, with ETF flows turning negative, CME open interest back at 2023 levels and Strategy idle for a fifth straight week.

Source: CoinDesk

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DW NOTE

Bitcoin fell from $65,000 on the lowest spot volume since November 2023 while CME open interest sits at 2023 levels. That's not a market — it's a graveyard with a price feed. When even MicroStrategy stops buying for five consecutive weeks, the institutional bid hasn't paused, it's vanished.

Read the full story at CoinDesk →

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Live updates: Traders say bitcoin sell-off from $65,000 points to thin volume, not panic selling

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