🔴 Bearish
🚨 BTC Dips Below $60K Amid Major ETF Outflows & Hawkish Fed!
Bitcoin just hit a multi-week low, trading around $59k, after a tough week with strong selling pressure. Spot $BTC ETFs have seen record outflows, with nearly $3 billion pulled in the last 10 days.
📊 Market Impact: This signals extreme fear (Fear & Greed Index at 23) and highlights how macroeconomic headwinds like persistent inflation and a hawkish Fed are squeezing risk assets.
#Bitcoin #CryptoNews
🚨 BTC Dips Below $60K Amid Major ETF Outflows & Hawkish Fed!
Bitcoin just hit a multi-week low, trading around $59k, after a tough week with strong selling pressure. Spot $BTC ETFs have seen record outflows, with nearly $3 billion pulled in the last 10 days.
📊 Market Impact: This signals extreme fear (Fear & Greed Index at 23) and highlights how macroeconomic headwinds like persistent inflation and a hawkish Fed are squeezing risk assets.
#Bitcoin #CryptoNews