BTC Decouples From Wall Street: What’s Dragging Price Down?
While the S&P 500 and Nasdaq posted massive rallies, Bitcoin ($BTC ) stayed flat around $73K, breaking its tight correlation with equities.
Here are the 3 major headwinds hitting the market right now:
Heavy ETF Outflows: Spot U.S. Bitcoin ETFs logged another $201M in net outflows on Monday, pushing redemptions to ~$1.5B since Nov 2. BlackRock’s $IBIT has marked 7 consecutive days of redemptions.
Miner Sell Pressure: MARA Holdings offloaded 13,597 BTC (~$1.1B) over the past six weeks—and signaled plans to sell more reserves.
Fading Retail Activity: Over 108,000 non-empty BTC wallets have gone inactive since mid-October, pointing to weak retail participation.
Silver Lining: Wall Street infrastructure keeps expanding—the NYSE tapped Avalanche ($AVAX) to settle trades on a planned 24/7 tokenized securities venue.
Traders are now bracing for key macro volatility as fresh U.S. CPI numbers land. Is this just a localized supply flush, or the start of a deeper correction?
#Bitcoin #BTC #CryptoNews #BinanceSquare #ETF
$BTC
While the S&P 500 and Nasdaq posted massive rallies, Bitcoin ($BTC ) stayed flat around $73K, breaking its tight correlation with equities.
Here are the 3 major headwinds hitting the market right now:
Heavy ETF Outflows: Spot U.S. Bitcoin ETFs logged another $201M in net outflows on Monday, pushing redemptions to ~$1.5B since Nov 2. BlackRock’s $IBIT has marked 7 consecutive days of redemptions.
Miner Sell Pressure: MARA Holdings offloaded 13,597 BTC (~$1.1B) over the past six weeks—and signaled plans to sell more reserves.
Fading Retail Activity: Over 108,000 non-empty BTC wallets have gone inactive since mid-October, pointing to weak retail participation.
Silver Lining: Wall Street infrastructure keeps expanding—the NYSE tapped Avalanche ($AVAX) to settle trades on a planned 24/7 tokenized securities venue.
Traders are now bracing for key macro volatility as fresh U.S. CPI numbers land. Is this just a localized supply flush, or the start of a deeper correction?
#Bitcoin #BTC #CryptoNews #BinanceSquare #ETF
$BTC
