Bitcoin's recent two-week bullish run has been disrupted by a significant outflow of $79 million from Bitcoin exchange-traded funds (ETFs). This marked the end of the positive trend as Bitcoin's price continues to face resistance.
Institutional investors are taking a cautious approach, with the BTC price movement described as sideways. This uncertainty in the market shows a pause in enthusiastic investment as Bitcoin struggles to maintain upward momentum.
Source: cointelegraph.com ↗