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Crypto Market Experiences Deeper Slide with Nearly $1B BTC ETF Outflows
Gate News bot message, the cryptocurrency market continues its downward trend after failing to establish a stable support level over the past week. Current data shows Bitcoin trading at $109,786 (-0.5%) and Ethereum at $3,845 (-2%).
The market witnessed liquidations totaling $884M, exceeding the previous day’s figures. Institutional activity reflects defensive positioning, with Bitcoin ETF outflows nearing $1 billion over two days.
The Fear & Greed Index stands at 29, indicating Fear, while the total cryptocurrency market capitalization remains at $3.97T.