# Bitcoin slips below $64,000 as ETFs outflows and inflation data loom

**Published:** 2026-08-13T04:12:51.459Z  
**Topic:** Dogecoin  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/9ec90b77-84f4-4440-ba07-696935276e12

Bitcoin fell to $63,855, down 1.6%, while Chainlink rose 2% and Dogecoin gained 0.5%; see ETF flows and upcoming CPI impact.

Bitcoin slipped below $64,000 on Aug. 11, trading around $63,855 after a failed attempt to hold above $65,000, a move that coincided with $144.6 million of net outflows from U.S. spot Bitcoin ETFs and fresh U.S. inflation data on the horizon [2].

| At a glance | |
|---|---|
| Price | $63,855 |
| 24h Change | –1.6% |
| Key level | Below $64,000 (support $63,000‑$64,000) |
| Catalyst | $144.6 M ETF outflows & upcoming CPI release |

## ETF flows and macro backdrop  
Spot Bitcoin ETFs recorded a sharp reversal, with $144.6 million withdrawn on Aug. 11 after four days of inflows that had amassed $865.3 million [2]. Fidelity’s FBTC accounted for $46.8 million of the $61.1 million outflows reported the next day, while BlackRock’s IBIT saw $14.3 million exit [1]. In contrast, Ether ETFs attracted $7.4 million of inflows, highlighting a divergence in institutional appetite between the two leading cryptocurrencies [1]. The outflows came as July CPI data matched expectations (0.1% monthly, 3.4% annual), easing fears of an imminent Fed rate hike but removing a near‑term upside catalyst for Bitcoin [1].

## Altcoin performance and on‑chain context  
While Bitcoin weakened, several altcoins posted gains. Chainlink rose 2% to about $8.43, and Dogecoin added roughly 0.5% near $0.07, indicating selective risk‑on positioning despite broader market softness [2]. Hyperliquid led large‑cap gains with a 4‑5% rise, and Velvet topped CoinMarketCap’s top‑100 movers with a 23.76% jump to $0.70 [1]. Bitcoin’s price remains pinned below $64,000, with recent support forming between $63,000 and $64,000 and the $65,000 barrier tested for four consecutive days without a sustainable breakout [2].

## Market breadth and sentiment  
Overall crypto market capitalization hovered near $2.27 trillion, with Bitcoin representing about 56.6% of the total [1]. The broader market showed mixed signals: Ether fell 2.2% to $1,871, while other large caps like BNB and XRP slipped modestly, underscoring a lack of coordinated rally that typically follows a risk‑on environment. The combination of muted inflation news, substantial ETF outflows, and the absence of a clear regulatory catalyst—following the Senate’s delay of the CLARITY Act vote into September—has left Bitcoin’s near‑term trajectory uncertain [1][2].

## What to watch
- **$65,000 resistance** – a break above could reopen the $67,500‑$70,000 range.
- **July CPI release (Aug. 12, 8:30 a.m. ET)** – any surprise could shift Fed expectations and impact crypto risk appetite.
- **Future ETF flow data** – continued outflows may pressure Bitcoin further, while inflows could provide support.

Bitcoin’s slide below $64,000 reflects a confluence of institutional outflows and a neutral macro backdrop, leaving the next CPI reading and potential ETF activity as the primary drivers of short‑term price direction.

## Sources
1. Crypto — [Bitcoin price steadies near $64K as HYPE leads crypto gainers](https://crypto.news/bitcoin-price-steadies-near-64k/)
2. Crypto — [Bitcoin price loses $64K as Ether and XRP lead losses](https://crypto.news/bitcoin-price-loses-64k-as-ether-and-xrp-lead-losses/)

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Cite as: TrendWatcher, "Bitcoin slips below $64,000 as ETFs outflows and inflation data loom", https://www.trendwatcher.in/article/9ec90b77-84f4-4440-ba07-696935276e12