{"id":76804,"date":"2026-08-14T19:58:39","date_gmt":"2026-08-14T19:58:39","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-slides-to-62470-as-sellers-test-the-63k-floor-again\/"},"modified":"2026-08-14T19:58:39","modified_gmt":"2026-08-14T19:58:39","slug":"bitcoin-slides-to-62470-as-sellers-test-the-63k-floor-again","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-slides-to-62470-as-sellers-test-the-63k-floor-again\/","title":{"rendered":"Bitcoin Slides to $62,470 as Sellers Test the $63K Floor Again"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin fell below $63,000 as spot ETF outflows topped $131 million.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">MSCI proposed rules targeting firms like Strategy with over 50% non-operating assets.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">MSCI will decide on Oct. 16, with potential November removals dimming bitcoin\u2019s year-end outlook.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>BTC Stumbles Near $63,000<\/h2>\n<p>Bitcoin dipped below $63,000 for the second consecutive day on Friday, with the decline deepening in early trading.<\/p>\n<p>The cryptocurrency initially appeared to consolidate around $63,400 hours after falling to $62,912 on Thursday. However, a sell-off shortly after midnight dragged the price to $62,670 before it recovered to trade just below $62,800.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"bitcoin market data\"><\/iframe> <\/p>\n<p>Shortly after 8 a.m. EST, bitcoin began descending again, reaching an intraday low of $62,470. A subsequent relief rally helped it reclaim the $63,000 threshold. As of 1:20 p.m. EST, the cryptocurrency was trading just above $63,000, virtually unchanged over the previous 24 hours.<\/p>\n<p>The flat price action kept bitcoin\u2019s market capitalization under $1.27 trillion, with seven-day losses at 2.6%. After <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-tops-65340-as-bip-110-fight-raises-hard-fork-risk\/\">a strong start to the month<\/a>, bitcoin is now nearly flat as August reaches its midpoint.<\/p>\n<p>In the derivatives market, the volatility triggered significant liquidations for overleveraged long positions. According to Coinglass data, out of $32 million in leveraged bitcoin positions liquidated in 24 hours, long positions accounted for $26 million\u2014about $8 million less than on Thursday. Across the broader cryptocurrency market, long liquidations totaled $94 million, compared to $72.5 million in short liquidations.<\/p>\n<p>Bitcoin\u2019s underwhelming performance was further pressured by spot exchange-traded fund (ETF) <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/fidelity-ark-lead-131m-bitcoin-outflow-as-ether-xrp-etfs-gain\/\">data showing over $131 million in outflows<\/a>. Thursday marked the second consecutive day\u2014and the third time during the week\u2014that ETFs experienced net redemptions. The sustained outflows suggest institutional investors may be retreating, contradicting signs of renewed interest seen the previous week.<\/p>\n<p>Adding to market headwinds were reports that index provider MSCI has <a href=\"https:\/\/news.bitcoin.com\/finance\/msci-proposal-strategy-metaplanet-index-removal\/\">proposed new \u201cnon-operating company\u201d screens<\/a> for its Global Investable Market Indexes. Although the framework does not explicitly target cryptocurrency, it evaluates whether a company\u2019s core operating assets constitute more than 50% of its total holdings.<\/p>\n<h2>Strategy Responds to MSCI\u2019s Proposal<\/h2>\n<p>Market observers note that heavy digital asset treasury adopters, including Strategy and Metaplanet, fail the proposed criteria and face potential removal during upcoming index rebalancings. While inclusion in major equity benchmarks previously allowed passive index funds and ETFs to automatically acquire these stocks, their removal could trigger forced institutional selling.<\/p>\n<p>In response, Strategy issued a statement on X <a href=\"https:\/\/x.com\/Strategy\/status\/2088234192844870091\" target=\"_blank\" rel=\"noopener noreferrer\">strongly opposing the proposal<\/a>:<\/p>\n<p>\u201cDigital assets are assets. Index providers should measure markets, not decide which assets companies are allowed to own. MSCI\u2019s proposal puts it out of step with regulators, markets, and its own customers. Bitcoin doesn\u2019t need MSCI. Neither does Strategy,\u201d the company stated.<\/p>\n<p>MSCI\u2019s public consultation runs through Sept. 30, with a final decision slated for Oct. 16. If approved, index removals would begin as early as November\u2014a timeline that could unleash sustained institutional selling and sever a critical bridge for corporate adoption, effectively dimming bitcoin\u2019s prospects for a year-end rally.<\/p>\n<div class=\"not-prose my-3 lg:my-4\"><a aria-label=\"Read Now: BTC Dips Below $63,000 as $122M in Long Bets Get Liquidated\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 flex flex-col md:hidden\" href=\"https:\/\/news.bitcoin.com\/btc-dips-below-63000-as-122m-in-long-bets-get-liquidated\/\"><\/p>\n<div class=\"relative aspect-video w-full overflow-hidden rounded-[15px]\"><\/p>\n<h3 class=\"absolute inset-x-0 bottom-0 m-0 p-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-white\">BTC Dips Below $63,000 as $122M in Long Bets Get Liquidated<\/h3>\n<\/div>\n<div class=\"flex flex-col gap-2.5 px-1 pt-2.5 pb-1\">\n<p class=\"m-0 line-clamp-2 text-xs leading-[1.3] !text-[#67656E]\">Bitcoin closed lower after a volatile session, dropping to $62,912 before recovering slightly back above $63,000, pushing its market cap\u2026<\/p>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-[38px] w-full\">Read Now<\/span><\/div>\n<p><\/a><a aria-label=\"Read Now: BTC Dips Below $63,000 as $122M in Long Bets Get Liquidated\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 hidden md:flex md:flex-row md:gap-3 lg:hidden\" href=\"https:\/\/news.bitcoin.com\/btc-dips-below-63000-as-122m-in-long-bets-get-liquidated\/\"><\/p>\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"BTC Dips Below $63,000 as $122M in Long Bets Get Liquidated\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-between gap-2\">\n<h3 class=\"m-0 line-clamp-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-[#1C1C1C]\">BTC Dips Below $63,000 as $122M in Long Bets Get Liquidated<\/h3>\n<p class=\"m-0 line-clamp-2 text-sm leading-[1.3] !text-[#67656E]\">Bitcoin closed lower after a volatile session, dropping to $62,912 before recovering slightly back above $63,000, pushing its market cap\u2026<\/p>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-[38px] w-full\">Read Now<\/span><\/div>\n<p><\/a><a aria-label=\"Read Now: BTC Dips Below $63,000 as $122M in Long Bets Get Liquidated\" class=\"block overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] no-underline focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-[#4169E1] focus-visible:ring-offset-2 hidden lg:flex lg:flex-row lg:gap-4\" href=\"https:\/\/news.bitcoin.com\/btc-dips-below-63000-as-122m-in-long-bets-get-liquidated\/\"><\/p>\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"BTC Dips Below $63,000 as $122M in Long Bets Get Liquidated\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbtc-dips-below-63000-as-122m-in-long-bets-get-liquidated-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<p><h3 class=\"m-0 min-w-0 flex-1 line-clamp-2 text-2xl font-bold capitalize leading-[1.17] tracking-[-0.48px] !text-[#1C1C1C]\">BTC Dips Below $63,000 as $122M in Long Bets Get Liquidated<\/h3>\n<p><span aria-hidden=\"true\" class=\"flex items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white h-12 w-[180px] shrink-0\">Read Now<\/span><\/p>\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">Bitcoin closed lower after a volatile session, dropping to $62,912 before recovering slightly back above $63,000, pushing its market cap\u2026<\/p>\n<\/div>\n<p><\/a><\/div>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-slides-to-62470-as-sellers-test-the-63k-floor-again\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin fell below $63,000 as spot ETF outflows topped $131 million. MSCI proposed rules targeting firms like Strategy with over 50% non-operating assets. MSCI will decide on Oct. 16, with potential November removals dimming bitcoin\u2019s year-end outlook. BTC Stumbles Near $63,000 Bitcoin dipped below $63,000 for [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":76805,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76804"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=76804"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76804\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/76805"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=76804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=76804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=76804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}