Bitcoin fällt weiter, da der ETF-Fluss negativ wird

tldr; Bitcoin’s price has fallen by about 5% in the last 24 hours, dropping to below $62,500 at its lowest, which resulted in a nearly $90 billion decrease in market capitalization. This decline follows a significant price increase the previous week and is linked to negative developments in spot Bitcoin ETFs. Notably, there was a net outflow of $154.3 million from spot ETFs on Monday, marking a shift from the previously positive average ETF flow of $481.4 million from March 1 through the last Wednesday. Grayscale’s spot ETF experienced its largest outflow since becoming an ETF, with a net outflow of $642.5 million. Despite inflows into other ETFs, the overall result was a net outflow, negatively impacting Bitcoin’s price.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

OH MY GOD SELL NOOOOOOW!
/s

*yawns*

This just in: price of an asset falls when more people sell then buy!

Boomers taking profits