Bitcoin Price Drops as Crypto ETF Outflows Reach $600 Million Amid Economic Concerns

Bitcoin experienced a notable decline this week as cryptocurrency exchange-traded funds (ETFs) recorded significant outflows totaling $600 million. This movement in digital asset markets reflects growing investor anxiety surrounding macroeconomic conditions and monetary policy uncertainty. The substantial ETF withdrawals suggest institutional investors are adopting a cautious approach toward Bitcoin and crypto assets. Market analysts point to Federal Reserve interest rate decisions and inflation data as key factors driving this risk-off sentiment in cryptocurrency investments. The crypto market continues to demonstrate sensitivity to traditional financial indicators, with Bitcoin's price action closely tracking developments in broader economic policy.