Bitcoin Retreats as Hawkish Fed and Outflows Pressure Market: Analyst

Bitcoin has slipped back below the $89,000 level after failing to hold onto a brief recovery, as tighter financial conditions and geopolitical stress continue to weigh on risk assets. Key Takeaways: Bitcoin has slipped below $89,000 as a hawkish-leaning Federal Reserve and Middle East tensions sap risk appetite. Trader conviction is fading, with futures open interest down 42% and rallies quickly met by sharp sell-offs. Institutional investors are turning cautious, as ETF outflows rise and expectation ...