Particle.news
Download on the App Store
48 ARTICLES
·
last wk.

Bitcoin Slips to $68K as Trump Sets Iran Deadline, ETFs Draw Fresh Cash

Large ETF inflows are propping up a thin market vulnerable to a fast drop if support fails.

Ethereum [ETH]
Bitcoin etf inflows hit highest level since february
BTC
Image

Overview

  • Bitcoin pulled back to about $68,600 on Tuesday after a brief ceasefire headline lifted it above $69,000 on Monday and then faded when Iran reportedly rejected the proposal.
  • U.S. spot Bitcoin ETFs took in about $471 million on Monday, the biggest daily intake in more than a month, while Ethereum funds added roughly $120 million led by BlackRock and Fidelity.
  • On-chain and trading data show weak participation and continued selling by large holders, which leaves prices more dependent on short-lived news and fund flows than on broad buying.
  • Options positioning adds downside risk because market makers may need to sell more Bitcoin as it falls, a hedging loop known as negative gamma that analysts warn could speed a drop toward $60,000 if the $68,000–$65,000 area gives way.
  • Ether reclaimed around $2,100, but CryptoQuant reports thinner liquidity on Binance, which means a single large order can move price more than usual even with ETF inflows improving the backdrop.