#BTC🔥🔥🔥🔥🔥 One of the main reasons for the decline of Bitcoin is the constant outflow of funds from U.S. spot Bitcoin exchange-traded funds (ETFs). These ETFs have experienced a fourth consecutive week of net negative outflows, totaling over $2.6 billion by the end of February.
Ryan Li, chief analyst at Bitget Research, suggested that these outflows exacerbate selling pressure on Bitcoin as institutional investors retreat due to macroeconomic uncertainty and changing risk sentiment.
Furthermore, macroeconomic factors are affecting the price of Bitcoin, including President Trump's announcement of new U.S. trade tariffs. These tariffs have raised concerns about inflation and economic stability, prompting investors to shift their focus to safer assets rather than riskier investments such as Bitcoins. This shift in investor sentiment has further contributed to the recent decline in Bitcoin's price.