‘Institutional bid hasn’t disappeared’: Analysts say bitcoin cooldown, spot ETF outflows signal rotation, not exit
60-second summary
Bitcoin remains below $78,000 as spot ETFs continue to shed funds, with over $1 billion in outflows for the second consecutive week, and speculation surrounding the U.S.-Iran deal adds market volatility, causing investors to reassess their positions. Analysts believe this cooldown signals a rotation, not an exit, from the market.
Bitcoin held below $78,000 as spot ETFs shed over $1 billion for a second straight week and U.S.-Iran deal speculation rattled markets.