Bitcoin Slumps as Institutional Outflows Hit $2.81 Billion

Bitcoin (BTC) is experiencing a significant price decline as massive institutional outflows hit the cryptocurrency market. Recent data reveals that institutional investors have withdrawn approximately $2.81 billion, intensifying the prevailing selling pressure across major exchanges. Market analysts note that the institutional buying power, which previously anchored the market's stability, has largely vanished in recent sessions. Consequently, retail investors are struggling to absorb the heavy volume of sell orders left in the wake of these large-scale institutional exits. This shift in market sentiment has left Bitcoin vulnerable to further downward momentum without its typical institutional support floor. Investors are now closely monitoring spot ETFs, including IBIT and GBTC, to gauge the potential for further market stabilization or continued decline.