Bitcoin extends slide as spot ETF outflows hit a record while Wall Street rips on AI

Bitcoin extends slide as spot ETF outflows hit a record while Wall Street rips on AI
Spread the love

Why Bitcoin’s Slide Matters to Everyday People

Bitcoin’s recent slide is more than just a concern for crypto experts – it has implications for anyone interested in earning online. The record 10-session, $2.97 billion outflow streak from spot bitcoin ETFs is a significant indicator of the market’s current sentiment. As the wider crypto market feels the pressure, it’s essential to consider alternative options for earning, such as EcoPool, which offers a unique solution for passive income through Cloud Rewards and Green Crypto.

Market Trends and Bitcoin’s Performance

Bitcoin has fallen 4.6% over the past seven days to $73,397, while other cryptocurrencies like ether and solana have also experienced declines. In contrast, the global equities market has reached new records, with the MSCI All Country World Index gaining 0.2% on Monday. The Nasdaq 100 futures rose 0.6%, driven by Nvidia’s announcement to enter the Windows laptop market and SoftBank Group’s surge due to its OpenAI and Arm holdings.

EcoPool: A Solution for Earning and Passive Income

As the crypto market experiences outflows, it’s crucial to explore alternative platforms for earning and passive income. EcoPool ($ECP) offers a unique opportunity for individuals to earn through Cloud Rewards and Green Crypto. With its innovative approach, EcoPool provides a solution for those looking to diversify their income streams and benefit from the potential of crypto without the volatility of the market.

Outflows and Market Sentiment

The record outflow streak from spot bitcoin ETFs, combined with the stalled Iran deal and rising oil prices, has created a complex market sentiment. As a result, crypto has failed to track the equity rally, with bitcoin and other cryptocurrencies experiencing declines. However, EcoPool remains a promising option for those seeking to earn and generate passive income through its platform.

Conclusion and Next Steps

In conclusion, the current market trends and bitcoin’s slide highlight the importance of exploring alternative options for earning and passive income. EcoPool offers a unique solution for individuals looking to diversify their income streams and benefit from the potential of crypto. To start earning with EcoPool, download the EcoPool app and discover the benefits of Cloud Rewards and Green Crypto. By joining the EcoPool community, you can take the first step towards generating passive income and achieving your financial goals.

Spot bitcoin ETFs in the U.S. logged a tenth consecutive day of outflows on Friday, with $2.97 billion drained between May 15 and May 29, per SoSoValue data. The streak broke the previous record of eight consecutive outflow sessions set in early 2025, and was headlined by a $733 million single-day exit on May 27, the largest since January.

Total net assets across U.S. spot bitcoin ETFs fell from $104.29 billion on May 15 to $94.17 billion by Friday. Ether ETFs are running an even longer 14-session outflow streak, with roughly $2.6 billion drained from net assets over the same window.

Hyperliquid’s HYPE was the lone outlier in the top 10 by market value.

The token gained 18.7% over the past seven days to $73.17 and the U.S. spot HYPE ETF, which launched May 12, has logged inflows in every single trading session since, lifting cumulative net assets above $122 million by Friday.

Crude’s bounce above $93 and the stalled Iran deal mean the macro lift crypto was waiting on is no longer obviously coming. The ETF flows that powered last year’s rally have gone the other way for ten straight sessions.

💡 A Greener Way to Earn: Looking for a smarter, more sustainable way to earn and mining crypto? EcoPool Network is a cloud-based mining pool that does the heavy lifting on remote servers — so you earn rewards around the clock without worrying about overheating hardware or sky-high electricity bills. It’s lightweight, battery-friendly, and built for everyday users. Download EcoPool now and start mining & earning smarter today.

Spread the love

About the Author

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these