Bitcoin Faces Fifth Straight Monthly Loss as ETF Outflows Hit $4.5 Billion

Bitcoin is on track to record its fifth consecutive monthly decline, signaling persistent bearish momentum in the cryptocurrency market. Recent market data reveals a significant exodus of capital, with approximately $4.5 billion in outflows recorded from spot crypto ETFs. Market analysts warn that the critical support level of $58,000 is currently under threat as institutional selling pressure intensifies. This downward trend is largely attributed to a broader macroeconomic repricing of risk assets rather than factors specific only to the crypto industry. Institutional sentiment appears to be shifting as investors recalibrate their portfolios in response to global economic uncertainties and shifting monetary expectations.