Bitcoin Flirts With $64,000 After $225M ETF Outflow in 24 Hours

Bitcoin oscillated between $63,700 and $65,406 over the past 24 hours, settling near $64,000 on July 25. According to Bitcoin.com News, spot bitcoin exchange-traded funds (ETFs) recorded $225.18 million in net outflows on July 24, with Blackrock's IBIT fund accounting for $202.5 million of the redemptions, ending a seven-session inflow streak.

The Crypto Fear & Greed Index stands at 27, indicating continued market hesitancy. Total crypto market capitalization declined 1.1% to $2.28 trillion, while bitcoin dominance remained steady at 56.4%. In contrast, Ether ETFs recorded $26.3 million in inflows on July 24, highlighting a divergence between institutional exposure to bitcoin and ethereum.