Bitcoin has tumbled to its lowest valuation in six months as renewed outflows from spot exchange-traded funds (ETFs) signal deteriorating investor confidence. The downturn persists despite the recent conclusion of the U.S. government shutdown, highlighting underlying weaknesses in market demand. Analysts note that the resumption of ETF withdrawals reflects growing caution among institutional and retail participants, exacerbating selling pressure across cryptocurrency markets. This trend underscores concerns about the sustainability of recent inflows and the broader adoption trajectory for digital assets. Market data indicates consecutive days of net outflows from major Bitcoin ETFs, correlating with the asset’s price decline below key technical support levels. The slump has triggered heightened volatility in altcoins, with many major cryptocurrencies mirroring Bitcoin’s downward momentum. Industry observers attribute the weakness to a combination of macroeconomic uncertainties, regulatory ambiguities, and profit-taking behavior following earlier gains. As liquidity conditions tighten, traders are monitoring whether current price levels will attract renewed institutional interest or if further corrections are imminent in the evolving digital asset landscape.
