Bitcoin Rally Wobbles as Macro Risks Overshadow ETF Demand
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Bitcoin’s rally is losing momentum as broader macroeconomic risks, including interest-rate uncertainty and shifting risk appetite, outweigh continued demand from spot Bitcoin ETFs. While ETF inflows indicate institutional interest remains intact, they have not been sufficient to offset pressure from volatility in global markets and concerns about tighter financial conditions. The key implication is that Bitcoin’s near-term performance remains more dependent on macroeconomic developments than on ETF demand alone.
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