negative
Bitcoin slides as institutional flows wane amid macro headwinds
Benchmark cryptocurrency Bitcoin slipped toward $88,000 in what analysts deem its worst month since 2022, as macro-economic uncertainty and waning institutional flows weighed on the market. Technical indicators flagged over-extended positions while sentiment remained fragile despite consistent interest from hedge-fund allocators. Some large wallets showed reduced inflows, raising questions about near-term momentum.
Traders noted that any renewed liquidity push or regulatory clarity could trigger a reversal.
Tags:
- crypto
- Bitcoin
Explore:Mutual Fund Categories
negative
Bitcoin slides as institutional flows wane amid macro headwinds
Benchmark cryptocurrency Bitcoin slipped toward $88,000 in what analysts deem its worst month since 2022, as macro-economic uncertainty and waning institutional flows weighed on the market. Technical indicators flagged over-extended positions while sentiment remained fragile despite consistent interest from hedge-fund allocators. Some large wallets showed reduced inflows, raising questions about near-term momentum.
Traders noted that any renewed liquidity push or regulatory clarity could trigger a reversal.
Tags:
- crypto
- Bitcoin
Explore:Mutual Fund Categories
Breaking
negative
Bitcoin slides as institutional flows wane amid macro headwinds
1 min read
65 words
Bitcoin nears $88,000 amid declining institutional flows and macro concerns, marking its weakest month since 2022.
Benchmark cryptocurrency Bitcoin slipped toward $88,000 in what analysts deem its worst month since 2022, as macro-economic uncertainty and waning institutional flows weighed on the market. Technical indicators flagged over-extended positions while sentiment remained fragile despite consistent interest from hedge-fund allocators. Some large wallets showed reduced inflows, raising questions about near-term momentum.
Traders noted that any renewed liquidity push or regulatory clarity could trigger a reversal.
Benchmark cryptocurrency Bitcoin slipped toward $88,000 in what analysts deem its worst month since 2022, as macro-economic uncertainty and waning institutional flows weighed on the market. Technical indicators flagged over-extended positions while sentiment remained fragile despite consistent interest from hedge-fund allocators. Some large wallets showed reduced inflows, raising questions about near-term momentum.
Traders noted that any renewed liquidity push or regulatory clarity could trigger a reversal.
Tags:
- crypto
- Bitcoin
- crypto
- Bitcoin
- institutional flows
- macro