U.S. spot Bitcoin ETFs saw $77.4 million in net outflows on June 9, while spot Ethereum ETFs saw $40.9 million in net outflows, according to SoSoValue-cited data.
Bitcoin fell toward the $61,000 area as weak ETF demand, macro caution and capital rotation into major tech and AI-linked opportunities continued to pressure crypto markets.
Bitcoin’s decline renewed bear-market concerns, with analysts pointing to persistent inflation, resilient labor data and reduced expectations for near-term rate cuts.
Ethereum stayed under pressure near $1,600-$1,700, while broader crypto sentiment remained fragile after the recent liquidation-driven selloff.
Crypto markets remained defensive as investors watched whether Bitcoin could hold the $60,000 support zone after repeated tests of the area.
Bitcoin is trading around $61,121, while Ethereum is trading around $1,630.
The Fear and Greed Index stands at 14, indicating extreme fear in market sentiment.ContentEN
