Bitcoin ETF Meltdown: Over $860 Million Outflow Stuns Market As Bulls Push Back
NegativeCryptocurrency
The recent outflow of over $860 million from Bitcoin ETFs has shocked the market, coinciding with reports of Bitcoin falling to a six-month low due to collapsing ETF demand. Analysts suggest that this could be part of a broader trend where profit-taking is prevalent as the market enters what Morgan Stanley describes as a 'fall season.' The combination of these factors highlights a critical moment for Bitcoin, as bulls attempt to push back against the prevailing negative sentiment and stabilize the market.
— via World Pulse Now AI Editorial System
