Bitcoin Hovers Near $64,000 After $225M ETF Outflow on July 24

Bitcoin traded in a volatile range over the past 24 hours, swinging between $63,700 and $65,406 before settling near $64,000. The price movement followed spot bitcoin exchange-traded funds recording $225.18 million in net outflows on July 24, ending a seven-session inflow streak. The Crypto Fear & Greed Index sits at a reading of 27, down one point since yesterday, reflecting market hesitation as total crypto market capitalization fell 1.1% to $2.28 trillion while bitcoin dominance held at 56.4%.

Bitcoin Trades in $1,700 Range Near $64,000

Bitcoin spent the past 24 hours bouncing back and forth across the $64,000 threshold, operating within a $1,700 range which saw the asset as high as $65,000. The Crypto Fear & Greed Index, a composite gauge that tracks volatility, momentum, social sentiment and other market signals, read 27 earlier today, down one point since yesterday.

A reading in that range sits within the index's "fear" zone. Total trading volume reached approximately $63 billion. Ethereum, the second-largest cryptocurrency by market value, also declined over the same period.

Spot Bitcoin ETFs Record $225.18 Million Outflows on July 24

Spot bitcoin exchange-traded funds recorded $225.18 million in net outflows on July 24, ending a seven-session inflow streak that had pulled in roughly $1 billion over the prior week. BlackRock's IBIT fund accounted for the bulk of the redemptions, with $202.5 million pulled from the fund alone.

Ether ETFs moved in the opposite direction that same day, extending their own inflow streak with $26.3 million added.

Bitcoin Price Range Narrows From July Extremes

The recent price action sits well above bitcoin's worst levels of the month. The asset touched an intraday low near $57,735 on July 1 before rebounding above $60,000, and it climbed as high as roughly $66,872 on July 22. Measured against that wider range, the current $63,700-to-$65,400 band represents a narrower, more contained trading zone.

FAQ

What price range did Bitcoin trade in over the past 24 hours?

Bitcoin swung between a 24-hour low of $63,700 and a high of $65,406 before settling near $64,000, operating within a $1,700 range.

How much did spot bitcoin ETFs lose on July 24?

Spot bitcoin exchange-traded funds recorded $225.18 million in net outflows on July 24, with BlackRock's IBIT fund accounting for $202.5 million of the redemptions.

What were Bitcoin's price extremes in July?

Bitcoin touched an intraday low near $57,735 on July 1 and climbed as high as roughly $66,872 on July 22.