BTC erases gains to trade near $77K as spot ETF outflows rise. Analysts point to a decoupling from the Nasdaq.

Bitcoin is trading below $77,000 due to geopolitical tensions, inflation fears, and higher U.S. Treasury yields, analysts said.

Bitcoin fell to $76,700 amid the largest spot ETF outflows since January, thin spot volume, rising rate-hike bets, and unwinding leverage.