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Bitcoin falls to $79,500 as $277M exits spot ETFs amid market shifts

Market News
09 May 2026
Bitcoinist
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Bearish
Bitcoin falls to $79,500 as $277M exits spot ETFs amid market shifts

Bitcoin's price dropped to $79,500 following a significant outflow of $277 million from spot exchange-traded funds (ETFs). This movement indicates investor caution or profit-taking in the crypto market, impacting Bitcoin's short-term price momentum. The outflows from ETFs suggest a shift in market sentiment that could influence Bitcoin's price trend in the near future.

More News

NU E Power hires Outside The Box Capital for $150K digital marketing services over six months

NU E Power hires Outside The Box Capital for $150K digital marketing services over six months

NU E Power Corp. has engaged Outside The Box Capital Inc. to provide digital communications and investor relations services under a six-month marketing agreement starting September 23, 2026. The company will pay $150,000 in cash, split into six month...

Market News
Neutral
4 hours ago
AI agents complete 96% tasks on accessible sites vs 31% on inaccessible ones, raising efficiency and cutting costs.

AI agents complete 96% tasks on accessible sites vs 31% on inaccessible ones, raising efficiency and cutting costs.

AudioEye's research shows AI agents perform far better on accessible websites, completing 96% of tasks compared to just 31% on inaccessible sites. The study found that inaccessible sites cause AI agents to use up to six times more computing resources...

Market News
Bullish
4 hours ago
West Red Lake Gold reports high-grade 176.04 g/t gold over 5.3m at Madsen Mine, advancing into new unmined zones.

West Red Lake Gold reports high-grade 176.04 g/t gold over 5.3m at Madsen Mine, advancing into new unmined zones.

West Red Lake Gold Mines announced drill results from its Madsen Mine in Ontario, revealing a high-grade intercept of 176.04 grams per tonne (g/t) gold over 5.3 meters in previously unmined material. This discovery in the Austin 904 and 955 complexes...

Market News
Bullish
4 hours ago
Commvault appoints David Morton to Board, boosting expertise in cyber resilience and AI recovery.

Commvault appoints David Morton to Board, boosting expertise in cyber resilience and AI recovery.

Commvault has appointed David Morton to its Board of Directors and as Chairperson of the Operating Committee. Morton brings extensive financial and technology leadership experience from roles at Intapp, DigiCert, Anaplan, and Seagate Technology, with...

Company Fundamentals
Bullish
4 hours ago
XRP must break $1.57-$1.60 resistance to confirm bullish inverse head-and-shoulders pattern.

XRP must break $1.57-$1.60 resistance to confirm bullish inverse head-and-shoulders pattern.

XRP showed a potential bullish inverse head-and-shoulders pattern with a key resistance neckline near $1.57 and further resistance around $1.60. A decisive and sustained break above these levels is needed to strengthen the bullish case and target $2....

Technical Signals
Neutral
4 hours ago
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