All articles tagged with #etf outflows
Bitcoin fell below $63,000 as the crypto market extended its slide amid extreme fear, briefly hitting about $62,700 before rebounding to around $63,200. ETFs continued to see net outflows, and analysts say the downturn reflects macro headwinds and ongoing deleveraging rather than full capitulation, with a critical support zone at $60,000–$63,000 and the risk of a deeper drop if that level breaks.
Bitcoin slid to about $63,800—roughly 50% below its October peak—as a confluence of macro shocks (tariff hikes, higher-for-longer rate expectations, and leverage) weighed on risk assets. Analysts say the move reflects macro pressures rather than a fundamental breakdown of Bitcoin’s four-year cycle; a fall toward $55k isn’t ruled out, but many expect stabilization in the mid-$60k range and a gradual recovery as demand returns and ETF outflows wane. Near-term liquidity stress also produced large crypto liquidations, with over $500M in outsized positions wiped out across markets.
Bitcoin is expected to experience a volatile November, with prices likely remaining between $107,000 and $113,000 due to macroeconomic and geopolitical uncertainties, despite November's historical strength for the asset. Experts warn of potential sharp moves driven by macro pressures, ETF outflows, and market fragility, making the month uncertain for Bitcoin's trajectory.
Gold prices declined for a third consecutive day, approaching $4,000 an ounce, amid investor concerns over market overheating, significant ETF outflows, and ongoing US-China trade negotiations, with the metal still up 55% this year due to safe-haven demand and geopolitical tensions.