Bitcoin Risk Index Climbs Amid ETF Outflows, Iran Fears
Cointelegraph
Swissblock reports Bitcoin entering a high-risk zone as institutional selling through ETFs outweighs buying pressure amid geopolitical tensions.Summary
Swissblock’s Bitcoin risk index has reached a high level, indicating that institutional selling pressure is currently overwhelming the market. Following a period of strong accumulation, recent trends show consistent net outflows from US spot Bitcoin ETFs, which are no longer effectively absorbing supply. Analysts suggest that this persistent distribution, compounded by geopolitical instability following US strikes on Iran, has created a high-risk environment for the cryptocurrency, although some experts note that markets remain cautiously optimistic regarding potential peace deals.
(Source：Cointelegraph)