✉news BusinessCrypto first seen 3 h ago, last 1 h ago, peak #24
Bitcoin Slides to $83,000 Despite Record ETF Inflows
Original: Bitcoin falls to $83,000 despite record $2.39B inflows into US spot Bitcoin ETFs.
Bitcoin has dropped to around $83,000 even as US spot Bitcoin ETFs recorded a record $2.39 billion in inflows. The divergence has drawn attention because strong institutional buying would normally support prices. Commentators suggest heavy selling elsewhere in the market may be overwhelming ETF demand, though the exact cause of the decline remains debated.
Why now: A record institutional inflow coinciding with a sharp price fall is an unusual and striking contradiction for crypto watchers
Rank over time, top of the chart is #1. 2 snapshots from 3 h ago to 1 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/198841