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Bitcoin fell to $80,685, while Ethereum hovered around $2,370 as macroeconomic uncertainty and weak institutional flows weighed on crypto markets, with ETFs recording $636 million and $111 million in net outflows.

Bitcoin near $80,000, Ethereum at $2,370 as ETF outflows and macro uncertainty pressure crypto markets

Bitcoin dropped to $80,685, down 1.2% from $83,460 on October 22, while Ethereum traded near $2,370, down 1.1% from $2,452. Global crypto market cap fell 0.8% to $2.80 trillion, with Bitcoin declining 0.8% and Ethereum dropping 1.8% over the past week. Major altcoins like XRP and Dogecoin fell 2.2%, while BNB rose 2.5% and Tron increased 0.2%. U.S. spot Bitcoin ETFs saw $636 million in net outflows, and Ether ETFs recorded $111 million in outflows, signaling weaker institutional demand.

The decline in institutional flows and macroeconomic uncertainty have intensified market volatility, reducing investor confidence. Altcoin corrections up to 5.7% over the last week highlight broader market weakness, though resilient coins like BNB showed relative strength. Institutional investors face pressure from ETF outflows, while retail investors risk losses from price declines. Crypto exchanges reported lower trading volumes, and analysts warn of prolonged price declines if macroeconomic conditions worsen.

Weak ETF demand suggests institutional caution, which could delay market recovery. However, opportunities exist for rebounds if macroeconomic conditions stabilize, with resilient assets like BNB potentially outperforming during corrections. Risks include continued outflows and volatility, which could further pressure altcoins. The market remains vulnerable to macroeconomic shifts, with energy prices and monetary policy outlooks as key watchpoints.

The focus remains on energy prices and ETF flows heading into next week. Persistently high oil prices could influence inflation expectations and central bank policies, adding to market uncertainty. Analysts emphasize the need to monitor macroeconomic indicators and institutional demand to gauge potential recovery timelines.

Attention remains on energy prices and ETF flows heading into next week. Persistently high oil prices could impact inflation expectations and monetary policy outlooks.

Crypto markets face sustained pressure from macro uncertainty and weak institutional demand, with prices vulnerable to further declines. The key uncertainty lies in whether macroeconomic conditions will stabilize to support recovery.

Topics: Cryptocurrency, Bitcoin, Ethereum, ETFs, Market Volatility, Institutional Investors, Altcoins, Macro Economics, Digital Assets, Financial Markets

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Source: ET Markets