Bitcoin Extends Decline Below $63K📉

Macro Drivers: 👇👇

↔Tariff Fallout: Trump’s new tariffs ripple through logistics, with FedEx suing over refunds post-Supreme Court ruling.

↔AI Sector Shock: Updates from Anthropic/Claude hit IBM and cybersecurity stocks, dragging risk assets.

↔Risk-Off Mood: Broader de-risking across equities and crypto continues.

↔ETF Flows:

Persistent outflows from $BTC /$ETH ETFs for several weeks.

âžĄïž Year-to-date bleed: $4.5B withdrawn.

âžĄïžWhale selling adds pressure, while $7.7T in sidelined funds highlight potential dry powder if sentiment shifts.

↔Price Action:

Trading around $63,000–$63,200 (down 3–4% in 24h).

Brief dip to $62,900 reported.

Currently ~50% below all-time highs.

↔Market Outlook:

âžĄïž Analysts warn of risks to $60K support, with bear-case scenarios eyeing $50K.

âžĄïž Some see rebound potential if macro conditions stabilize and ETF flows reverse.

#etf