Bitcoin extends slide as spot ETF outflows hit a record while Wall Street rips on AI
Hex37's read
- Bitcoin ETFs saw record outflows of $2.97 billion over 10 days.
- This marks the longest outflow streak for spot Bitcoin ETFs.
- Global equities reached new highs driven by AI trade.
- Oil prices rose due to stalled Iran deal developments.
What it means for traders
- Sustained ETF outflows suggest weakening institutional demand for BTC.
- AI-driven rally in equities may divert capital from crypto markets.
Affected markets
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