Markets· ★★★· bullish·

European institutions buy crypto dips amid market volatility

  • —Bitcoin trades near $82,700, down 4.9% from its recent $87,000 peak
  • —Bitcoin has fallen for four consecutive days
  • —Liquidations over 24 hours reached $555.6 million
  • —U.S. spot Bitcoin ETFs saw nearly $485 million in outflows
Why it matters: European institutional buying on the dip could support prices and help reverse the recent outflow trend from crypto ETFs.
Source: Crypto Briefing