Spot BTC ETF outflows accelerate, pushing Bitcoin lower even as global equities hit new highs amid market divergence.
Bitcoin fell to $75,724, extending its decline as spot BTC ETF outflows continued, contrasting with global equities reaching record levels. The cryptocurrency dropped 1.49% to $75,724, while Ethereum slipped 1.04% to $2,077.
The broader crypto market cap stood at $2.63 trillion, with Bitcoin dominance at 57.7%. The Fear & Greed Index hit 25, signaling extreme fear. Recent outflows from spot Bitcoin ETFs have pressured prices despite strong performance in traditional markets.
Altcoins showed mixed performance, with small-cap tokens like MAP Protocol surging 72.3%, while funding rounds for projects like Bnb plus and Luffa raised $4.1M and $39.8M, respectively.