Bitcoin fell from $63,991 to $62,916, a decline of approximately $1,075 or 1.9% over 24 hours.Not noise. A macro tech selloff triggered $717 million in crypto liquidations and pushed BTC to a two-week low, with RSI at 38 and price sitting 4.6% below its 30-day average. Near-term risk is elevated heading into Friday's PCE data and options expiry.
BTC dropped to a two-week low near $62,000 as a global tech selloff, including a 10% Kospi decline, spilled into risk assets and triggered $717 million in crypto liquidations.
Fear and Greed index sits at 17 out of 100, classified as extreme fear; the 30-day average is 18, meaning sentiment has not materially deteriorated from the recent baseline.
ETF flow z-score of +0.61 versus the 30-day mean indicates institutional selling is not intensifying relative to recent pace, consistent with prior reports that the outflow wave may be exhausting itself.
Strategy's 847,363 BTC position, acquired at an average of $75,651, is now underwater at current prices, marking the first significant stress test of the corporate treasury model.
Long-term holder selling fell to a 19-month low per on-chain data, a historically constructive signal that experienced cohorts are not distributing into this weakness.
Market Snapshot
Market Cap
$1.26T
24h Volume
$30.44B
Dominance
56.3%
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