Newssos
Bitcoin moved toward new 2026 lows after spot BTC ETF outflows and a deceleration in purchases by corporate treasury firm Strategy weighed on market sentiment. The token edged close to the $59,000 mark as the U.S.
dollar index surged, adding a familiar macro headwind to a market already absorbing weaker institutional signals.
ETF Outflows Undercut the Demand Narrative Spot bitcoin ETFs, which had been a central pillar of bullish price arguments since their U.S.
launch, registered outflows that market participants pointed to as evidence of softening institutional appetite.
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