Crypto Markets
Bitcoin Tests $66K Support as Institutional ETF Redemptions and Global Risk Aversion Converge
Bitcoin temporarily broke below the $66,000 threshold as a combination of net outflows from spot Bitcoin ETFs and heightened geopolitical uncertainty triggered short-term selling pressure. The pullback reflects a broader de-risking trend among institutional participants navigating macro headwinds. Despite the dip, the longer-term structural demand narrative anchored by ETF adoption remains largely intact.
Jun 4Read →