via CoinDesk · By CoinDesk Staff
Bitcoin (BTC) underperforms risk assets as record 9th day of ETF outflows signal waning demand: Crypto Daily
BTC/USDT
$9,163,740,234.06
$64,588.00 / $63,184.21
Change: $1,403.79 (2.22%)
+0.0032%
Longs pay
Your day-ahead look for May 29, 2026
Bitcoin BTC$73,142.45 is stabilizing near $73,500, about 10% below its monthly high of $81,000. Data suggests the stall reflects a shortage of new buyers rather than a plethora of sellers.
Risk assets broadly advanced after reports that U.S.-Iran negotiations could reopen the Strait of Hormuz, a vital oil passageway, lifted sentiment.
"The expectations of a…
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