$BTC Faces a Crucial Test as Macro Pressure Builds
$BTC and $ETH are under pressure as declining Asian equities, rising oil prices, and tightening rate expectations weigh on market sentiment.
Bitcoin is holding above $80,000, but sustained weakness in traditional markets could put this key support level at risk.
Meanwhile, spot Bitcoin ETFs attracted approximately $527 million in net inflows on Monday, driven by strong demand for BlackRock’s IBIT.
In contrast, Ethereum ETFs recorded $103.3 million in outflows for the fourth consecutive day.
Rising Treasury yields and Brent crude near $110 are adding further uncertainty.
The next move depends on whether institutional demand can absorb the broader macroeconomic pressure.
$BTC and $ETH are under pressure as declining Asian equities, rising oil prices, and tightening rate expectations weigh on market sentiment.
Bitcoin is holding above $80,000, but sustained weakness in traditional markets could put this key support level at risk.
Meanwhile, spot Bitcoin ETFs attracted approximately $527 million in net inflows on Monday, driven by strong demand for BlackRock’s IBIT.
In contrast, Ethereum ETFs recorded $103.3 million in outflows for the fourth consecutive day.
Rising Treasury yields and Brent crude near $110 are adding further uncertainty.
The next move depends on whether institutional demand can absorb the broader macroeconomic pressure.