Bitcoin Under Pressure – ETF Outflows Hit $2.84 Billion 📉
📉 BITCOIN ETF OUTFLOWS REACH $2.84B – EXTREME FEAR AT 23 📉
Bitcoin is trading at approximately **$73,400**, down modestly on the day as persistent institutional selling continues to weigh on sentiment. U.S. spot Bitcoin ETFs have recorded **nine consecutive days of net redemptions**, totaling $2.84 billion, according to analysis from CaptainAltcoin.
The Crypto Fear and Greed Index stands at 23 – deep in extreme fear territory. At the same time, Bitcoin is trading roughly 40% below its cycle peak entering June 2026, despite U.S. stocks notching fresh all-time highs on the back of an AI-driven rally.
· Oil dynamics: Brent crude surged to four-year highs above $125 in late May before settling, with Iran-U.S. ceasefire talks remaining unresolved
· Fed outlook: Polymarket prices a 98.2% probability of a June 16–17 rate hold, but May CPI data on June 10 could shift the consensus fast
This divergence between crypto and traditional markets can't last forever. A dovish signal from the Fed or a reversal in ETF flows could spark an explosive rebound. Are you positioned?
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