Midday News Update #Web3
📉 Bitcoin Spot ETFs saw $903M in net outflows yesterday — the second-largest in history.
📉 Ethereum Spot ETFs recorded $262M in net outflows, marking 8 consecutive days of withdrawals.
📊 Market View: Analysts suggest Bitcoin’s likely support levels are $81,800 or $74,800 — with $74,800 potentially forming the cycle bottom.
🔎 Recent crypto declines are reportedly driven mainly by retail selling of BTC and ETH spot ETFs.
💰 Total Crypto Market Cap has dropped to $3.042T, down 5.5% in the past 24 hours.
#CryptoNews #Bitcoin #Ethereum #MarketUpdate




