
Crypto market sheds $700B in 48 hours as ETF inflows stall
- —Crypto market cap fell by more than $700 billion in 48 hours
- —Bitcoin ETFs drew $2.77 billion in net inflows from Sept 17 to 27
- —$23 million in outflows ended a seven-day streak of positive ETF flows
- —More than $400 million in long positions were liquidated in 24 hours
Why it matters: Cooling ETF demand and macro pressure could leave crypto entering October with fading momentum.
Source: AMBCrypto