🚨 Bitcoin ETF sees fund outflow, market retreats, but BTC still strikes back strongly! 🚨
Shocking! The US spot Bitcoin ETF has suddenly experienced a large-scale fund outflow, with a staggering $96 million evaporating in just one day, led by Fidelity with a net redemption of $91.39 million! It was expected that this wave of capital inflow would continue to rise, but unexpectedly, after four days of consecutive gains, there was a sudden reversal, and the market instantly 'exploded' 💥.
However, don't think that Bitcoin will just lie down; on the contrary, it has shown tenacious vitality amidst the fluctuations! Despite the ETF facing capital withdrawals, BTC continues to climb around $103,775, with a daily increase of 1.4%, and Ethereum has also welcomed a surge of 8.9%. 🔥
The external environment is also quietly improving! The April CPI data was surprisingly low, alleviating inflationary pressures! Global stock markets are soaring, especially the MSCI Emerging Markets Index which has skyrocketed nearly 20%, with funds flooding into high-risk assets, and Bitcoin is undoubtedly the biggest beneficiary. 📈
Experts say that Bitcoin's future remains promising—halving effects, institutional positioning, and increasingly clear regulations, all these factors are pushing BTC to continuously break new highs 💪.
In summary: the market has its turbulence, but Bitcoin is always breaking upwards. Next stop, $100,000 is just around the corner?! 🎯