Bitcoin Tests $100K Support as Spot ETFs See $1.3B Four-Day Outflows
Bitcoin fell to test the $100,000 support level, pressured by a stronger U.S. dollar and renewed uncertainty over Federal Reserve policy outlook, QCP Capital said. U.S. spot Bitcoin ETFs recorded approximately $1.3 billion in outflows over four consecutive trading days, reversing prior inflows. Passive liquidations exceeded $1 billion as prices reached lows, with market maker short gamma positions amplifying volatility, and the $100,000 level now serves as a critical threshold.