Bitcoin Drops Below $94K Despite $1.8 Billion ETF Inflows
Bitcoin price slid 1.6% on Monday to $93,808 as investors weighed continued ETF inflows against persistent macro headwinds and technical resistance levels.
The largest cryptocurrency is now down 1% over the past week, though it remains up 13.6% over the last month.
Institutional Flows Rise as BTC Faces Resistance, New Corporate Buys Emerge
U.S.-based Bitcoin ETFs brought in over $1.8 billion in inflows last week, according to CoinGlass, marking one of the strongest weekly runs since April. Friday alone saw $675 million in fresh capital, making it the seventh-largest single-day haul this year. That performance helped widen the gap between Bitcoin and traditional safe havens like gold—which saw $1.9 billion in outflows over the same time frame.
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