- Bitcoin edges below $74,000 on Friday and is set to post its third consecutive week of losses.
- US-listed spot ETFs recorded outflows of over $1.30 billion through Thursday, marking a third straight week of withdrawals.
- Sticky inflation and macroeconomic headwinds continue to cap Bitcoin’s upside potential.
Bitcoin (BTC) remains under pressure, trading below $74,000 on Friday, and is set to post its third consecutive week of losses. The institutional sell-off continues, with spot BTC Exchange-Traded funds (ETFs) recording billions in outflows. In addition, sticky inflation and macroeconomic headwinds suppress the Crypto King’s upside potential.