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Bitcoin (BTC) News Today: Spot ETF Outflow Streak Leaves BTC at Sub-$65,000
On Thursday (June 20), bitcoin (BTC) declined by 0.25%. Following a 0.28% loss on Wednesday, BTC ended the session at $64,862. Significantly, BTC ended the session at sub-$65,000 for the first time since May 14. Investor sentiment toward the Fed rate path continued impacting buyer demand for US BTC-spot ETFs and BTC. US initial jobless claims fell to 238k, indicating a stable labor market and reducing expectations for a September Fed rate cut. The CME FedWatch Tool indicated a 35.9% chance of the Fed maintaining interest rates in September, up from 33.0% on Thursday.” Rising US 10-year Treasury yields reflected the ... (full story)