Bitcoin broke the $77,000 mark, buoyed by a significant drop in oil prices and a resulting uplift in Asian markets. But don't pop the champagne just yet; institutional money is still heading for the exits.
Billions are fleeing Bitcoin ETFs. Most see red flags. But Santiment? They see a bargain.
The party's over. After weeks of enthusiastic inflows, spot Bitcoin ETFs just coughed up a cool billion dollars. This signals a potential shift in investor sentiment.
Bitcoin bounced off $66K this week, but don't mistake stability for strength. Private credit markets are imploding, institutional money is fleeing, and miners are panic-selling—yet the Fed's desperation to avoid recession might just save crypto's rally.