Market Analysis
Bearish
Bitcoin ETF Outflow Reverses Monday Price Rally Ahead of FOMC
A report by CryptoSlate indicated that outflows from U.S. spot Bitcoin (BTC) ETFs reversed a Monday price rebound, with selling intensifying in both the spot market and perpetual futures market ahead of the Federal Open Market Committee (FOMC) meeting. The report noted that futures positions remained at levels capable of amplifying future price movements.
Korean Source
This article is an English localization of a Korean-language crypto news report. Original headline: 비트코인 ETF 자금 유출, FOMC 앞두고 반등 되돌려