Crypto Market Decline: Citi Attributes Weakness to Slowing Bitcoin ETF Flows and Reduced Risk Appetite

According to analysts at Citigroup, the current cryptocurrency market weakness primarily stems from decelerating Bitcoin ETF inflows and diminishing investor risk appetite. The bank's research indicates that slowing institutional investment through exchange-traded funds, combined with broader macroeconomic concerns, has contributed to the recent downward pressure on digital asset prices. Citi emphasizes that these factors reflect changing market dynamics rather than fundamental issues within cryptocurrency technology itself.