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Bitcoin slips below $64,000 as macro pressures trigger broad crypto liquidations

Bitcoin slips below $64,000 as macro pressures trigger broad crypto liquidations

BTC reversed a mid-week move toward $67,000 as spot Bitcoin ETF flows turned negative and fresh U.S.-EU tariff threats added to the macro pressure already weighing on risk assets.

BTC

Fact Check
The claim is confirmed by the primary source (CryptoSlate) and multiple independent outlets. Bitcoin traded near $64,980, falling below $65,000, as reported in 'Bitcoin declines below $65,000 as Trump threatens Iran after tanker attacks send Oil above $100.' Oil climbing above $100 (Brent settled $100.69) and rising Treasury yields (10-year near 4.7%) are corroborated by CryptoRank and CNBC's 'Dow drops 500 points as Brent crude surges above $100.' The U.S.-Iran tension trigger via Red Sea tanker attacks and Trump's threats is confirmed by crypto.news and CNBC. CoinNess shows BTC continuing lower to below $64,000. All key facts in the claim align with the evidence.
Summary

Bitcoin fell below $64,000 after trading near $67,000 earlier in the week, as the selloff deepened on signs of weaker spot Bitcoin ETF demand and renewed tariff threats from President Donald Trump against the European Union, adding to existing macro pressure from energy prices, Treasury yields and shifting Federal Reserve expectations. The retreat erased most of the week’s gains, with BTC briefly dipping to just under $63,000 after earlier slipping toward $65,000. The move came after a seven-day stretch of inflows into spot Bitcoin exchange-traded funds ended with more than $200 million in outflows on Thursday, while on-chain data showed BlackRock moving about 3,126 BTC, worth roughly $203 million, from its IBIT wallet to Coinbase Prime. The decline also helped drive $312 million in total crypto liquidations, including $87 million in Bitcoin positions, while traders continued to watch technical support near the 21-day simple moving average around $64,073 and a still-improving U.S. regulatory backdrop around the CLARITY Act.

Terms & Concepts
  • spot Bitcoin ETF: An exchange-traded fund that holds Bitcoin directly rather than using futures contracts.
  • liquidations: Forced closure of leveraged trading positions when losses exceed margin requirements.
  • 21-day simple moving average: A technical indicator showing an asset’s average closing price over the previous 21 days.