Bitcoin has dropped from $60K to $59K, down 7.9% over the past week, driven by record outflows from spot Bitcoin ETFs that have already surpassed February 2025's $3.6 billion record. This challenges the idea that institutional ETF access would support Bitcoin's price, as institutions are selling heavily. Market sentiment is in extreme fear, with the Crypto Fear and Greed Index at 12, signaling potential capitulation but also a possible buying opportunity if outflows slow. Ethereum remains stable while Solana gains 3%, showing resilience amid the downturn. Investors should closely watch ETF outflows to gauge whether institutional selling will continue or ease, which will influence Bitcoin's near-term price direction.
Bitcoin is trading near $78,900, just below the $80,000 mark, following a strong rally from mid-$60,000s. U.S. spot Bitcoin ETFs saw $336 million in inflows on August 25, totaling $2.08 billion over the past week, indicating strong institutional inte...
About 81,700 Bitcoin options worth $6.44 billion will expire on Deribit at 08:00 UTC Friday, with calls outnumbering puts at a 0.83 ratio. The largest concentrations are at $75,000 and $80,000 strike prices, close to Bitcoin's current market price ne...
The Crypto Fear & Greed Index surged from 27 to 74 in mid-August, reflecting a strong shift from fear to greed driven by Bitcoin's rally from below $68,000 to nearly $80,000 and significant gains in altcoins. This rise indicates growing investor opti...
Bitcoin fell nearly 1% to around $79,000 during Asian trading as investors took profits after a week-long rally that boosted Bitcoin by about 23%. XRP led the broader crypto market decline, dropping over 4% but still up nearly 45% for the week. Other...
Bitcoin fell back below $79,000 after testing resistance above $81,000, with traders debating if this signals a sustained crypto recovery or a short-term pullback. Institutional demand remains strong, as US spot Bitcoin ETFs saw inflows of $337.56 mi...
