Bitcoin Strength Carries On As Altcoins Remain Under Clear Pressure

Bitcoin Strength Carries On As Altcoins Remain Under Clear Pressure

Key points: Bitcoin needs to hold above $78,000 to avoid a trend reversal and return to $80,000 as resistance. Altcoin buyers have left the scene, keeping in step with Bitcoin’s slight correction. Bitcoin (BTC) pulled back near $79,000 on Friday, but buying at lower levels pushed the price toward $80,000. The next big question on traders’ minds is whether BTC will resume its uptrend or higher levels will again attract aggressive selling from be…

Bitcoin Slips Under $80,000 As ETFs Snap Five-Day Inflow Streak

Crypto markets were mostly unchanged on Friday as Bitcoin hovered around the $80,000 level and spot ETF flows turned negative for the first time this month. BTC is trading at $79,938, down 0.3% on the day but still up 2.1% over the past week, according to CoinGecko. Ether slipped 0.8% to $2,281,... Read the full story at The Defiant

BTC spot ETFs snap five-day inflow streak - What's next for Bitcoin price?

The United States spot Bitcoin (BTC) exchange-traded funds (ETFs) ended their five-day winning streak on Thursday, amid bearish sentiment. After attracting more than $1.6 billion earlier in May, as Finbold reported, the U.S. spot BTC ETFs closed May 7 with an outflow of $277.50 million, according to data from SoSoValue analyzed by Finbold on May 8. Despite this outflow, these funds collectively hold approximately $106.77 billion in Bitcoin at pr…

Bitcoin ETF Outflows Hit $268.5M as Institutional Sentiment Turns Cautious

Bitcoin ETF outflows returned to focus after U.S. spot Bitcoin ETFs recorded $268.5 million in net withdrawals on May 7, signaling a sharp shift in short-term institutional sentiment toward the crypto market. The latest movement ended a five-day inflow streak and added fresh pressure on Bitcoin as traders closely monitored whether fund managers were reducing exposure or temporarily repositioning capital amid volatile market conditions. Bitcoin i…

Bitcoin ETFs snap 5-day inflow streak as BTC dips under $80K

Bitcoin ETFs snap a five-day $1.7 billion inflow streak with $277.5 million of outflows as Bitcoin falls below $80,000 amid sharp intraday volatility. …