Market Capitalization:2 193 206 468 766,4 USD
Vol. in 24 hours:55 342 206 726,06 USD
Dominance:BTC 58,39%
ETH:9,53%
Market Capitalization:2 193 206 468 766,4 USD
Vol. in 24 hours:55 342 206 726,06 USD
Dominance:BTC 58,39%
ETH:9,53%
Market Capitalization:2 193 206 468 766,4 USD
Vol. in 24 hours:55 342 206 726,06 USD
Dominance:BTC 58,39%
ETH:9,53%
Market Capitalization:2 193 206 468 766,4 USD
Vol. in 24 hours:55 342 206 726,06 USD
Dominance:BTC 58,39%
ETH:9,53%
Market Capitalization:2 193 206 468 766,4 USD
Vol. in 24 hours:55 342 206 726,06 USD
Dominance:BTC 58,39%
ETH:9,53%
Market Capitalization:2 193 206 468 766,4 USD
Vol. in 24 hours:55 342 206 726,06 USD
Dominance:BTC 58,39%
ETH:9,53%
Market Capitalization:2 193 206 468 766,4 USD
Vol. in 24 hours:55 342 206 726,06 USD
Dominance:BTC 58,39%
ETH:9,53%
Market Capitalization:2 193 206 468 766,4 USD
Vol. in 24 hours:55 342 206 726,06 USD
Dominance:BTC 58,39%
ETH:9,53%
Market Capitalization:2 193 206 468 766,4 USD
Vol. in 24 hours:55 342 206 726,06 USD
Dominance:BTC 58,39%
ETH:9,53%
Market Capitalization:2 193 206 468 766,4 USD
Vol. in 24 hours:55 342 206 726,06 USD
Dominance:BTC 58,39%
ETH:9,53%
Yes

Wintermute cautions that the timing of the Bitcoin bottom remains uncertain, despite ETF outflows nearing $3 billion.

crypthub
Wintermute cautions that the timing of the Bitcoin bottom remains uncertain, despite ETF outflows nearing $3 billion.

Causes of Bitcoin's Recent Decline

Wintermute stated that Bitcoin's sharp drop below $62,000 was primarily caused by U.S. institutional selling and outflows from ETFs. The firm emphasized that this decline was not driven by the smaller sale of BTC by Strategy.

Market Outlook and Timing

Wintermute cautioned that the anticipated capital inflows have not yet returned, making it premature to predict a market bottom. While the firm observes signs of early Bitcoin accumulation, it maintains that confirmation of a full recovery is still missing.