Bitcoin Inches Higher in Thin, Range-Bound Trading -- Market Talk

Dow Jones06-24

0412 GMT - Bitcoin inches higher in early Asian trade. The cryptocurrency is likely to trade in a narrow range, with selling pressure easing from levels seen a few weeks ago and demand remaining weak, K33 research says. While ETF outflows are slowing, trading activity is hovering near multiyear lows and participation from institutional investors remains subdued. "The result is a market with very few committed sellers and very few committed buyers," K33 adds. The research firm says investors should consider what could happen when conviction returns, as even relatively small flows in the current environment can have an outsized effect on prices, raising the risk of sharp moves once sentiment begins to shift. Bitcoin rises 0.6% to $62,747.49, LSEG data shows. (jason.chau@wsj.com)

(END) Dow Jones Newswires

June 24, 2026 00:12 ET (04:12 GMT)

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The research firm says investors should consider what could happen when conviction returns, as even relatively small flows in the current environment can have an outsized effect on prices, raising the risk of sharp moves once sentiment begins to shift. Bitcoin rises 0.6% to $62,747.49, LSEG data shows. 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The cryptocurrency is likely to trade in a narrow range, with selling pressure easing from levels seen a few weeks ago and demand remaining weak, K33 research says. While ETF outflows are slowing, trading activity is hovering near multiyear lows and participation from institutional investors remains subdued. \"The result is a market with very few committed sellers and very few committed buyers,\" K33 adds. The research firm says investors should consider what could happen when conviction returns, as even relatively small flows in the current environment can have an outsized effect on prices, raising the risk of sharp moves once sentiment begins to shift. Bitcoin rises 0.6% to $62,747.49, LSEG data shows. (jason.chau@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 24, 2026 00:12 ET (04:12 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BITU","symbol_name":"2倍做多比特币期货ETF-Proshares","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2645876861","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2645876861","pubTimestamp":1782274320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0412 GMT - Bitcoin inches higher in early Asian trade. 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The cryptocurrency is likely to trade in a narrow range, with selling pressure easing from levels seen a few weeks ago and demand remaining weak, K33 research says. While ETF outflows are slowing, trading activity is hovering near multiyear lows and participation from institutional investors remains subdued. \"The result is a market with very few committed sellers and very few committed buyers,\" K33 adds. The research firm says investors should consider what could happen when conviction returns, as even relatively small flows in the current environment can have an outsized effect on prices, raising the risk of sharp moves once sentiment begins to shift. Bitcoin rises 0.6% to $62,747.49, LSEG data shows. 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