Bitcoin price today: hovers below $95k as ETF flows cool; economic jitters remain
Bitcoin moved little on Thursday, extending its rangebound performance after a recent rebound ran dry amid persistent concerns over the outlook for U.S. trade tariffs and economic growth.
The world’s largest cryptocurrency marked a strong rally through April, adding nearly 20% and wiping out its annual losses as sentiment improved from troughs seen earlier this year.
But broader crypto markets largely lagged this rebound, given that a bulk of Bitcoin’s gains were also driven by large buying action from Michael Saylor’s Strategy and a slew of spot exchange-traded funds.
But ETF buying was seen petering out this week, with major ETFs logging a small net outflow on Wednesday.
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