✉news BusinessCrypto first seen 19 h ago, last 15 h ago, peak #23
Bitcoin under pressure from bearish bets and ETF outflows
Original: Bitcoin faces pressure from bearish bets and ET...
Bitcoin is facing renewed selling pressure, with bearish bets weighing on the price alongside continued outflows from exchange-traded funds. Market watchers say the combination of cautious derivatives positioning and ETF selling is keeping the cryptocurrency on the back foot, leaving traders uncertain about its near-term direction.
Why now: Bitcoin's price weakness linked to bearish positioning and ETF outflows is a current concern for crypto investors.
Evidence
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