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By CoinGabbar News Desk | Report Date: 11 June 2026 | Last Updated: 11 June 2026, 12:44 PM IST
Bitcoin trades at $62,574, up 1.7426% in the last 24 hours. This Bitcoin News update shows buyers returned after May CPI matched expectations at 4.2%, easing aggressive Fed hike fears. Stabilized spot ETF outflows also helped sentiment.
| Metric | Data |
|---|---|
| BTC Price | $62,574 |
| 24h Change | +1.7426% / +$1,082 |
| 24h Volume | Data unavailable in research packet |
| Market Cap | $1,254,070,248,197 total crypto market cap |
| BTC Dominance | 56.29% |
| All-Time High | $126,080 (06 Oct 2025) |
| Distance from ATH | -50.36956% below ATH |
| Fear and Greed Score | 12 — Extreme Fear |
Bitcoin price today is stronger on a 24-hour basis, but it remains down 2.0400012875126974% over seven days. For a broader BTC price prediction framework, see Bitcoin Price Prediction.
BTC news today centers on the May CPI reading matching expectations at 4.2%. The research packet states this reduced fears of aggressive Federal Reserve rate hikes.
That macro relief helped answer why is Bitcoin up today. According to data tracked by CoinGecko, Bitcoin price and market data remain central to short-term crypto market news today.
Bitcoin ETF news also supported the rebound. The research packet shows spot ETF outflows totaled $4.33B over 13 consecutive days through early June.
Those Bitcoin ETF outflows have now stabilized, offering temporary relief. The Bitcoin ETF flow data today remains neutral because the latest net dollar flow is unavailable.
Crypto market cap today stands at $1,254,070,248,197, up 1.13% in 24 hours. BTC dominance today is 56.29%, showing Bitcoin still leads market direction.
Top gainers included DeepNode at 208.11% and Velvet at 133.62%. Readers tracking momentum can compare moves through Top Crypto Gainers Today.
Bitcoin technical analysis shows BTC RSI today at 35.12, with a bearish-neutral signal. MACD is bearish below zero, which keeps momentum cautious.
Bitcoin trades below the 200 day moving average value of $61,968.7 and below the 50 day moving average value of $61,454.02. For wider market setups, review Crypto Price Predictions.
Bitcoin support and resistance levels are clear today. Support sits at $61,000 first, followed by $60,500.
Resistance stands at $63,000 first, then $64,000. A clean move above $63,000 may improve short-term Bitcoin price analysis.
Bitcoin ETF net flow data for 11 June 2026 is neutral in the research packet, while the exact dollar figure is being updated because btc_etf_net_flow_today_usd is null. IBIT, FBTC, and GBTC individual flows are also unavailable, so institutional Bitcoin buying cannot be confirmed from this dataset. ETF outflows totaled $4.33B over 13 consecutive days through early June, a theme followed by market outlets such as CoinDesk.
The Fed rate status is no_decision_today. May CPI matching expectations at 4.2% eased concerns about aggressive hikes.
This matters because higher rate fears often reduce risk appetite. Bitcoin gained as traders reassessed that pressure.
The DXY level is 100.083, and its 24-hour direction is falling. A weaker dollar can support Bitcoin demand in some sessions.
DXY Bitcoin correlation is not fixed. Still, falling DXY helped the risk backdrop today.
The S&P 500 fell 0.85%, while Nasdaq direction was down. That shows traditional risk markets stayed cautious.
VIX stands at 21.57, signaling elevated market stress. Gold price direction is falling, while the US 10-year yield is 4.552.
BTC liquidations today totaled $231.53, with long liquidations at $158.32 and short liquidations at $45.72. This shows leveraged longs faced more pressure, even as spot price recovered.
Bitcoin open interest, funding rate, long-short ratio, and Bitcoin whale activity are unavailable. On-chain data is being compiled from verified sources.
Bitcoin on-chain data can help confirm whether spot buying supports the move. Traders also watch losers such as Siren at -25.18% through Top Crypto Losers Today.
Bitcoin market outlook this week depends on whether BTC clears $63,000. A move toward $64,000 could follow if buyers hold momentum.
Analysts suggest $61,000 remains the first downside level. If selling returns, $60,500 may become the next support zone.
Macro uncertainty around Fed policy remains a headwind. Geopolitical tensions may also limit upside momentum.
Latest Bitcoin news for investors should track CPI follow-through, ETF flow stabilization, and risk sentiment. ETH traders can compare market behavior through Ethereum Price Prediction.
RSI is like a speed gauge for buying and selling pressure. Bitcoin RSI today is 35.12, which signals weak momentum but not extreme exhaustion.
DXY tracks the US dollar against major currencies. When it falls, Bitcoin may gain support because dollar pressure eases.
ETF flows show whether money enters or leaves listed Bitcoin funds. Stable flows can calm markets after heavy outflow periods.
BTC trades at $62,574, up 1.7426%, because May CPI matched expectations at 4.2% and eased aggressive Fed hike fears. Traders still read sentiment cautiously, with the Bitcoin Fear and Greed Index at 12, Extreme Fear, while Fed policy and geopolitical tensions remain key items in Latest Crypto News.
A Bitcoin ETF is a traded fund linked to Bitcoin exposure. It helps institutions access Bitcoin through regulated market products.
The Fear and Greed Index measures market emotion. Today it shows 12, which means Extreme Fear.
RSI measures recent price strength. A lower reading can show weak momentum.
Open interest tracks active derivatives contracts. Bitcoin open interest is unavailable in this packet.
Funding rate shows the cost of holding perpetual futures positions. The BTC funding rate is unavailable today.
DXY tracks the US dollar index. Today it stands at 100.083 and is falling.
MACD measures trend momentum. Bitcoin MACD is bearish below zero today.
BTC dominance measures Bitcoin’s market share. It is 56.29% today.
On-chain data tracks blockchain activity. Some verified Bitcoin on-chain data is still being compiled.
A liquidation cascade happens when forced exits trigger more volatility. Today, long liquidations exceeded short liquidations.
A support level is where buyers may defend price. Bitcoin support sits at $61,000 and $60,500.
A resistance level is where sellers may appear. Bitcoin resistance sits at $63,000 and $64,000.
This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency markets are highly volatile and unpredictable. Past performance is not indicative of future results. Indian investors should note that cryptocurrency gains are taxed at 30% under Section 115BBH of the Income Tax Act, with 1% TDS applicable under Section 194S. Transactions may be subject to PMLA compliance requirements. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions. All data is sourced from verified platforms and timestamped. CoinGabbar is not liable for any financial decisions made based on this content.