💰The crypto market lacks the money to grow🤑 $BTC
A major market maker warns that without an influx of fresh capital, BTC and altcoins risk continuing to fall. Over the past week, investors withdrew $1.22 billion from spot ETFs:
➖ $679 million from BTC
➖ $542 million from ETH
📊 Wintermute says a sustained recovery depends on two conditions: ETF inflows returning and U.S. Treasury yields falling.
Until then, analysts advise against chasing short-term rebounds in weak altcoins. BTC’s key level is $82,500. Repeated failed attempts to hold above it would be an additional warning sign🔴
A major market maker warns that without an influx of fresh capital, BTC and altcoins risk continuing to fall. Over the past week, investors withdrew $1.22 billion from spot ETFs:
➖ $679 million from BTC
➖ $542 million from ETH
📊 Wintermute says a sustained recovery depends on two conditions: ETF inflows returning and U.S. Treasury yields falling.
Until then, analysts advise against chasing short-term rebounds in weak altcoins. BTC’s key level is $82,500. Repeated failed attempts to hold above it would be an additional warning sign🔴