{"id":28886,"date":"2026-05-18T08:25:26","date_gmt":"2026-05-18T08:25:26","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoin-price-falls-under-77k-as-etfs-record-1b-outflows\/"},"modified":"2026-05-18T08:25:41","modified_gmt":"2026-05-18T08:25:41","slug":"bitcoin-price-falls-under-77k-as-etfs-record-1b-outflows","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitcoin-price-falls-under-77k-as-etfs-record-1b-outflows\/","title":{"rendered":"Bitcoin price falls under $77K as ETFs record $1B outflows"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">U.S. spot Bitcoin ETFs recorded more than $1 billion in cumulative net outflows over the past week as institutional investors reduced exposure to the asset.<\/p>\n<div id=\"cn-block-summary-block_dbcdc65848c64b925c548c52bbddfec9\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>U.S. spot Bitcoin ETFs recorded over $1 billion in cumulative net outflows last week as institutional demand for crypto exposure weakened sharply.<\/li>\n<li>Bitcoin fell below the $77,000 support level after over $661 million in crypto liquidations wiped out heavily leveraged bullish positions.<\/li>\n<li>Rising inflation concerns and WTI crude prices above $107 added pressure on risk assets as traders reduced expectations for Fed rate cuts.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-btc-spot\" target=\"_blank\" rel=\"nofollow\">data<\/a> from SoSoValue, the latest withdrawals mark a sharp reversal after several weeks of strong inflows that had previously helped support Bitcoin\u2019s recovery above the $80,000 region earlier this month.<\/p>\n<p>Spot Ethereum ETFs also remained under pressure, extending their recent streak of daily net outflows with $255 million exiting the funds last week as institutional appetite across the broader crypto market weakened further.<\/p>\n<p>The latest outflows coincided with a broader market decline that pushed Bitcoin (BTC) below the key $77,000 psychological support level on Monday. BTC fell more than 4% over the past 24 hours, dropping from recent highs near $82,000 to an intraday low around $76,500 before stabilizing slightly near $77,000 at press time.<\/p>\n<p>According to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/liquidations\" target=\"_blank\" rel=\"nofollow\">CoinGlass<\/a> data, more than $661 million worth of crypto positions were liquidated over the past 24 hours, with bullish long positions accounting for nearly 95% of the wipeout.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Bitcoin\u2019s decline also came as rising inflation concerns and elevated oil prices weakened appetite for speculative assets.<\/p>\n<p>Recent Producer Price Index data surged 6% year-over-year following a stronger-than-expected Consumer Price Index reading of 3.8%, reinforcing fears that the Federal Reserve may keep interest rates elevated for longer than previously expected.<\/p>\n<p>Meanwhile, WTI crude futures climbed above $107 per barrel after stalled U.S.-Iran negotiations and continued Strait of Hormuz disruptions fueled broader inflation concerns across global markets.<\/p>\n<p>Higher interest rates typically reduce market liquidity and increase the attractiveness of safer fixed-income investments relative to volatile assets such as cryptocurrencies.<\/p>\n<p>Despite the recent selloff, Bitcoin\u2019s broader medium-term structure remains relatively constructive on the daily chart.<\/p>\n<p>Bitcoin price has now fallen back below the key $80,000 psychological support region after facing rejection near the $82,000\u2013$84,000 resistance zone earlier this month.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Bitcoin price is forming a golden cross on the daily chart \u2014 May 18 | Source: crypto.news<\/figcaption><\/figure>\n<p>Despite the latest pullback, BTC continues holding above its 50-day simple moving average near $75,500, while the Supertrend indicator also remains bullish around the same region, suggesting that the broader medium-term uptrend structure remains intact for now.<\/p>\n<p>Meanwhile, the 50-day SMA continues approaching a potential bullish crossover above the 200-day SMA near $81,400, forming what traders commonly refer to as a golden cross.<\/p>\n<p>However, short-term momentum has weakened following the latest selloff, with Bitcoin now struggling to reclaim the $80,000 level.<\/p>\n<p>If bulls manage to push BTC back above $80,000, the token could soon attempt another move toward the broader resistance cluster between $81,400 and $84,000.<\/p>\n<p>On the downside, failure to hold above the current support structure could expose Bitcoin to a deeper correction toward the $75,500\u2013$73,900 region, where both the 50-day SMA and Supertrend support currently converge.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. spot Bitcoin ETFs recorded more than $1 billion in cumulative net outflows over the past week as institutional investors reduced exposure to the asset. Summary U.S. spot Bitcoin ETFs&hellip;<\/p>\n","protected":false},"author":1,"featured_media":15641,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-28886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=28886"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28886\/revisions"}],"predecessor-version":[{"id":28887,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28886\/revisions\/28887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/15641"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=28886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=28886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=28886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}