Bitcoin hovers near $73,200 as US spot ETF outflows extend to 9 days
Bitcoin traded around $73,200 on Thursday after failing to hold a rebound, with broader crypto selling keeping pressure on price. US spot Bitcoin ETFs logged $229 million of net outflows on May 28, stretching the negative streak to nine days and putting weekly outflows near $1.3 billion. Options and on-chain signals also point to fragile sentiment as BTC slipped below $73,000 and briefly neared $72,500.