coin-img-ETHETH-5.33%coin-img-BTCBTC-4.12%coin-img-SOLSOL-5.55%coin-img-XRPXRP-2.15%coin-img-USDCUSDC-0.02%coin-img-HYPEHYPE-0.05%coin-img-SUISUI-2.41%coin-img-ADAADA-3.80%coin-img-ETHETH-5.33%coin-img-BTCBTC-4.12%coin-img-SOLSOL-5.55%coin-img-XRPXRP-2.15%coin-img-USDCUSDC-0.02%coin-img-HYPEHYPE-0.05%coin-img-SUISUI-2.41%coin-img-ADAADA-3.80%coin-img-ETHETH-5.33%coin-img-BTCBTC-4.12%coin-img-SOLSOL-5.55%coin-img-XRPXRP-2.15%coin-img-USDCUSDC-0.02%coin-img-HYPEHYPE-0.05%coin-img-SUISUI-2.41%coin-img-ADAADA-3.80%coin-img-ETHETH-5.33%coin-img-BTCBTC-4.12%coin-img-SOLSOL-5.55%coin-img-XRPXRP-2.15%coin-img-USDCUSDC-0.02%coin-img-HYPEHYPE-0.05%coin-img-SUISUI-2.41%coin-img-ADAADA-3.80%
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Mandy Williams

Bitfinex: Bitcoin enters 'slow bleed' phase as distribution selling builds

Bitfinex says Bitcoin (BTC) is sliding into a "slow bleed" market phase, with distribution-led selling and softer spot and institutional demand weighing on price. In May, BTC briefly moved above $82,000 early in the month but later ended down 12.5% from its local top. The report also points to $3 billion in cumulative spot Bitcoin ETF outflows over the past three weeks as a signal of reduced conviction.
BTC
BTC-4.11%
BCH
BCH-11.14%
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