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Bitcoin (BTC) underperforms risk assets as record 9th day of ETF outflows signal waning demand: Crypto Daily
BTC
BTC/USDT
$79,904.63
+0.20%
$79,904.63
+0.20%
(24s)24h Volume
$6,198,575,903.55
24h H/L
$80,200.00 / $79,442.00
Change: $758.00 (0.95%)
Long/Short
52.8%
Long: 52.8%Short: 47.2%
Funding Rate
+0.0011%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(11:15 AM UTC)
1 min read
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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