The Triple Pressure That’s Weighing on Bitcoin😕
US spot Bitcoin ETFs recorded roughly $1.3 billion in weekly net outflows, adding to the recent stretch of institutional selling. At the same time, rising odds of a Federal Reserve rate hike tightened conditions for risk assets across the board.
Bitcoin approached the $75,000 level amid elevated post-election volatility, leaving the market caught between technical support tests and a more restrictive macro backdrop. The combination of ETF outflows, higher rate expectations, and election-driven swings continues to keep near-term sentiment cautious.
$BTC #CoinVahini #Bitcoin #ETFFlows #CryptoMarkets
US spot Bitcoin ETFs recorded roughly $1.3 billion in weekly net outflows, adding to the recent stretch of institutional selling. At the same time, rising odds of a Federal Reserve rate hike tightened conditions for risk assets across the board.
Bitcoin approached the $75,000 level amid elevated post-election volatility, leaving the market caught between technical support tests and a more restrictive macro backdrop. The combination of ETF outflows, higher rate expectations, and election-driven swings continues to keep near-term sentiment cautious.
$BTC #CoinVahini #Bitcoin #ETFFlows #CryptoMarkets