Bitcoin price faces new risk as big buyers lose conviction
A sharp drop in ETF and public-company trading volumes shows how quickly institutional demand has cooled.
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A sharp drop in ETF and public-company trading volumes shows how quickly institutional demand has cooled.
Oluwapelumi Adejumo 8 min read
ETF demand is giving XRP a Wall Street bid, but whale selling and weak on-chain activity suggest the token may need a deeper reset before bulls regain control.
Glassnode says Bitcoin’s $60,000 support may need DXY below 99 or 10-year yields near 4.2% before recovery can firm.
The report showed inflation remains elevated, but not hot enough to trigger the deeper crypto selloff investors feared.
The best-performing major equity index on the planet froze mid-crash on Monday, then posted its largest one-day point gain ever on Tuesday, and the whiplash is a warning for anyone holding AI-fueled assets.
Bitcoin declined as AI-linked stocks and expected tech IPOs drew capital away from a market already vulnerable to leverage.
A potential mega-IPO wave led by OpenAI, SpaceX, and other AI giants could reignite risk appetite across markets, while also testing whether Bitcoin still holds its role as Wall Street’s favorite high-beta trade.
Wall Street analysts are sticking with year-end Bitcoin targets of $100,000 or higher, even after BTC briefly lost $60,000 and ETF outflows shook confidence in the bull case.
The Clearing House plan gives banks 24/7 tokenized settlement while keeping customer money inside regulated deposit accounts.