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Bitcoin slips to $64,000 as oil rally and ETF outflows pressure BTC

CoinJournal·August 11, 2026·1 min read
Bitcoin slips to $64,000 as oil rally and ETF outflows pressure BTC

Bitcoin slipped to $64,000 as stalled US-Iran negotiations weakened demand for risk-sensitive assets. Rising oil prices increased inflation concerns and expectations of another Federal Reserve rate hike. US spot Bitcoin ETFs recorded $144.67 million in net outflows on Monday, ending a five-day inflow streak. BTC is struggling below $64,000.

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