After a strong run earlier this week, the market has cooled off. One of the biggest reasons is that Bitcoin spot ETFs recorded $225 million in net outflows, ending a long streak of positive inflows.
At the same time, rising geopolitical tensions and a wave of long liquidations have added more pressure on the market.
👀 Bitcoin is still holding above key support, but traders are watching closely to see if buyers step back in over the weekend.