Bitcoin spot ETFs, which saw outflows of over $640 million the day before, recorded another $331 million in outflows during yesterday’s trading session.
As a result, Bitcoin spot ETF outflows over just two days approached $1 billion.
Bitcoin stayed under $77,000 as U.S. bond yields approached 20-year highs and traders waited for deeper buy zones around $68,000-$70,000.
Ethereum futures taker volume turned negative for the first time in two months, with Binance selling pressure putting the $2,000 support area back in focus.
Truth Social’s ETF issuer withdrew applications for its Bitcoin ETF, Bitcoin & Ethereum ETF, and Crypto Blue Chip ETF after shifting product strategy.
The CFTC sued Minnesota and Governor Tim Walz over the state’s prediction-market ban, adding another crypto-adjacent legal fight around market access.
Bitcoin is trading around $77,159, while Ethereum is trading around $2,124.
The Fear and Greed Index stands at 39, indicating fear in market sentiment.
