Bitcoin ETFs experienced a record $2.7 billion in outflows, suggesting a bear market is approaching. Corporate Bitcoin holders are also facing difficulties, with liquidations surging throughout the crypto industry. The US spot Bitcoin ETF market saw significant outflows, reaching almost $1 billion. Institutional investors are becoming increasingly concerned. In the past week, Bitcoin ETFs had the largest net outflow since March 2024. Fear of a bear market is affecting the entire crypto space, impacting corporate holders like Strategy, Metaplanet, and Tesla. Liquidations across the crypto sector have also spiked, with nearly $1 billion liquidated in the last 24 hours. Prominent figures advise against panic selling, while the former CEO of BitMEX predicts a further drop in Bitcoin price before a rebound. The Federal Reserve Bank of Atlanta predicts a 1.5% decline in US GDP in Q1 2025, contributing to economic pessimism. Overall, current macroeconomic factors suggest a short-term bearish cycle for Bitcoin and the crypto market.



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