✉news BusinessCrypto first seen 7 h ago, last 2 h ago, peak #3
Bitcoin slides toward $83,000 despite record ETF buying
Original: On the Chain: Bitcoin slides towards US$83,000 despite record ETF buying
Bitcoin has fallen toward US$83,000 even as spot exchange-traded funds post record buying, highlighting a gap between institutional inflows and market price action. Analysts say heavy selling elsewhere, including whale distribution and fading retail demand, is overwhelming ETF demand. Traders are watching whether institutional buying can stabilise the price or whether the slide deepens.
Why now: The divergence between record ETF inflows and a falling price is puzzling crypto investors and traders right now.
Evidence
- On the Chain: Bitcoin slides towards US$83,000 despite record ETF buying · proactiveinvestors.com
- On the Chain: Bitcoin slides towards US$83,000 despite record ETF buying · Yahoo Finance Australia
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