Institutional Pullback Fuels Cryptocurrency Volatility

Recent institutional withdrawal from the cryptocurrency market has triggered a surge of volatility, casting uncertainty on market stability. This trend, characterized by declining interest in ETFs and subsequent investment shifts, is significantly impacting smaller investors following professional maneuvers. While last week’s Bitcoin ETF inflows registered a positive net inflow, an overall downward movement in investments since October threatens to create support around the $80,000 mark.