Gate News bot message, the cryptocurrency market experienced a decline as traders reduced risk exposure following macro news developments. Open Interest decreased by 5%. $ETH and $BTC ETFs recorded outflows last week, totaling nearly $1 billion, demonstrating institutional investor caution. $BTC traded at $86,961, down 0.5%, while $ETH reached $2,932, down 1%. The Fear and Greed Index dropped to 24, indicating Extreme Fear. Total market capitalization stood at $3.02 trillion, with liquidations reaching $225 million.
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Crypto Market Declines as ETFs See Nearly $1B in Outflows
Gate News bot message, the cryptocurrency market experienced a decline as traders reduced risk exposure following macro news developments. Open Interest decreased by 5%. $ETH and $BTC ETFs recorded outflows last week, totaling nearly $1 billion, demonstrating institutional investor caution. $BTC traded at $86,961, down 0.5%, while $ETH reached $2,932, down 1%. The Fear and Greed Index dropped to 24, indicating Extreme Fear. Total market capitalization stood at $3.02 trillion, with liquidations reaching $225 million.