Bitcoin pulls back from $64,500 as weak ETF flows, falling open interest cloud outlook
Bitcoin pulled back from a two-week high near $64,500 as futures open interest fell to 740K BTC from 776K on July 3, alongside weak spot demand via ETF flows and a negative Coinbase premium, according to market data. Over $500M in leveraged futures positions were liquidated in 24 hours. Ether fell to about $1,770. Altcoins diverged.