Bitcoin Steadies Above $76,000, But Wall Street Isn’t Buying The Dip Yet

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is catching its breath this weekend. After a brutal few sessions, the price has stabilized above $76,000, but the money that matters most for a lasting recovery is still heading for the exit. On Saturday morning, BTC was changing hands at around $76,100, up roughly 0.6% on the day. That is a calm picture compared with Friday, when the leading cryptocurrency shed about 5.2% in 24 hours as its post-midterm bounce fizzled out and a fresh wave of tech-stock selling, driven by worries over AI spending and data-center buildouts, hit risk assets. The rebound is welcome for bulls, but it is thin. Price is inching higher while institutional money keeps moving the other way, and that gap is now the most important thing to watch in the Bitcoin market. In late September, Bitcoin was holding near $84,000 and sentiment looked very different. Now the question is whether $76,000 is a floor or just a pause. And the ETF data doesn’t offer much comfort. BlackRock Leads Another Day Of ETF Withdrawals U.S. spot Bitcoin ETFs saw $411.9 million in net outflows on Friday, the second straight session...