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Experts note altcoins’ superior performance compared to Bitcoin is driven by ETF narratives and markets awaiting key U.S. economic data.
Tactical de-risking and declining investor sentiment are the reasons behind the recent spot U.S. ETF outflows, Decrypt was told.
Bitcoin’s dip below $90,000 has triggered a liquidation spree as bullish momentum fades amid ETF outflows and thin liquidity.
Bitcoin’s next rally hinges on market stability, with analysts pointing to calmer crypto conditions and progress on U.S. crypto legislation.
Analysts called the outflows from spot Bitcoin ETFs a temporary repositioning rather than a structural shift in sentiment.
Bitcoin has slipped from highs near $94,000 as selling pressure returned, exposing the rally’s thin leverage despite improving liquidity.
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