Crypto Outflows Hit $1.7B Before Bitcoin Broke $70K

The exodus from digital asset investment products marked a turning point in sentiment. While bitcoin wouldn't break below the $70,000 threshold until Thursday, the fund flow data captured investors heading for the exits well before the broader market collapse. The outflows represented a warning sign that investors had lost conviction in crypto assets amid shifting Federal Reserve leadership and continued selling from large holders, with total assets under management falling $73 billion since peaks in Octobe ...