Bitcoin Slides Below $77K as $80K Sell Wall Holds Firm — $155B in Fund AUM and $2.44B in April ETF Inflows Keep the Bull Case Intact
According to CoinMarketCap data, the global cryptocurrency market cap now stands at $2.56T, down by 0.81% over the last 24 hours.
Bitcoin (BTC) traded between $77,465 and $79,486 over the past 24 hours. As of 15:30 PM (UTC) today, BTC is trading at $77,003, down by 1.27%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include LUMIA, BICO, and LUNC, up by 17%, 16%, and 13%, respectively.
Bitcoin Slides Below $77K as $80K Sell Wall Holds Firm — $155B in Fund AUM and $2.44B in April ETF Inflows Keep the Bull Case Intact
Bitcoin has pulled back below $77,000 as the $80,000 sell wall holds for a second time — but crypto fund AUM sits at a five-month high of $155B and April ETF inflows hit $2.44B, keeping the underlying bull case intact.
A macro-heavy week ahead —