Bitcoin’s ability to reclaim $60,000 may be hindered by soaring ETF outflows, bearish options expiries and a stock market tilted toward the AI industry.

BTC's drop to its lowest level since late 2024 reflects a hawkish Federal Reserve, exchange-traded fund outflows and a shift of capital into AI, the bank said.

Bitcoin slipped to around $62,600, extending losses amid a broader selloff in AI and technology stocks that triggered risk-off sentiment. ETF outflows, weak liquidity and a…

Bitcoin dropped below $60,000 to a 20-month low as $6.4 billion in US ETF outflows and a retail investor shift toward AI equities weigh on crypto markets.

Bitcoin’s ability to reclaim $60,000 may be hindered by soaring ETF outflows, bearish options expiries and a stock market tilted toward the AI industry.

Bitcoin fell to around $59,400 as $691 million fled spot ETFs, the most since May, ahead of Friday's $10.6 billion options expiry.

Bitcoin battles Asia tech selling and US inflation forces after the first sub-$60,000 BTC price daily close since mid-2024.

Bitcoin ETFs are witnessing significant outflows, with over $1.3 billion withdrawn in the past week as the cryptocurrency's slump deepens. This marks a departure from previous…