✉news BusinessCrypto first seen 2 h ago, last 2 min ago, peak #3

Bitcoin slides towards US$83,000 despite record ETF buying

Original: On the Chain: Bitcoin slides towards US$83,000 despite record ETF buying

Bitcoin is falling towards US$83,000 even as US spot exchange-traded funds report record buying, a divergence puzzling traders and analysts. Market watchers are asking why strong institutional inflows are not supporting the price, pointing to broader risk-off sentiment, selling pressure elsewhere in the market and thin liquidity as possible explanations for the continued slide.

Why now: The gap between record ETF inflows and a falling Bitcoin price is confounding crypto investors right now.

BitcoinBitcoin ETFsUS spot ETF market

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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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