Spot BTC ETF outflows and rising Treasury yields pressure Bitcoin, keeping it near $77,190 amid broader crypto market caution.
Bitcoin traded near $77,190, up 0.29%, as persistent spot BTC ETF outflows and elevated Treasury yields dampened market sentiment. Ethereum fell 0.39% to $2,128, contributing to a total crypto market cap of $2.65 trillion.
The Fear & Greed Index stood at 27, signaling fear, while Bitcoin dominance held at 58.4%. Recent outflows from spot ETFs and macroeconomic pressures have kept traders cautious, despite BlackRock’s $450 million BTC transfer to Coinbase Prime.
Altcoins showed mixed performance, with small-cap tokens like RollX surging 166.7%, while broader market sentiment remained subdued.