Bitcoin Price Slides as $225M ETF Outflows and Iran War Fears Shake Crypto Markets
- Bitcoin ETFs recorded $225.2 million in outflows, ending a seven-day inflow streak.
- Iran conflict and inflation fears weakened market sentiment and pressured Bitcoin prices.
- Traders now await the Federal Reserve meeting for Bitcoin's next major market catalyst.
Bitcoin — BTC, entered another volatile trading session after institutional investors pulled money from U.S. spot Bitcoin ETFs for the first time in more than a week. The sudden reversal interrupted strong momentum that had attracted nearly $1 billion in fresh capital during the previous seven trading sessions. At the same time, escalating geopolitical tensions between the United States and Iran increased uncertainty across global financial markets. Rising oil prices, inflation concerns, and growing expectations surrounding the Federal Reserve's next policy decision have combined to create a cautious environment.
ETF Outflows and Global Tensions Weigh on Bitcoin
U.S. spot Bitcoin ETFs recorded $225.2 million in net outflows on Thursday, July 24, ending an impressive seven-day inflow streak. Although the single session marked the first negative day since July 13, the overall weekly picture remained positive. The ETF sector still closed the five-day trading week with approximately $274 million in net inflows.
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