When I dip, you dip, Bitcoin dips to $62k as ETF outflows continue; Strategy buys the dip

Bitcoin edged lower on Tuesday as institutional investors continued to sell spot Bitcoin exchange-traded funds, albeit at a slightly slower pace than seen in prior weeks.

Bitcoin slid 2.5% to $62,261.4 by 09:39 ET (13:39 GMT). The world’s largest crypto steadied this week after tumbling over 17% last week, amid a broad and extended rout in the sector.

Meanwhile, broader risk assets saw some relief after Israel and Iran agreed to halt strikes on each other following a demand from U.S. President Donald Trump.