Bitcoin traded near $87,000 after a fresh decline, sliding toward the round-number level. The move came as Bitcoin dropped nearly 3% amid institutional outflows and whale bets. Outflows from crypto funds totaled $952 million, including about $460 million in BTC ETFs.
Whale activity and ongoing ETF flows continue to shape risk sentiment, keeping the market in cautious mode. Analysts say the near-term path will hinge on whether fund outflows abate and how ETF flows trend in the coming sessions. Crypto funds saw $952 million in outflows, including about $460 million from BTC ETFs, highlighting the ongoing impact of ETF flows on price dynamics. Until clearer catalysts emerge, traders may stay prudent as they wait for directional cues.
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