Bitcoin (BTC) underperforms risk assets as record 9th day of ETF outflows signal waning demand: Crypto Daily
Bitcoin BTC$73,565.90 is stabilizing near $73,500, about 10% below its monthly high of $81,000. Data suggests the stall reflects a shortage of new buyers rather than a plethora of sellers. Risk assets broadly advanced after reports that U.S.-Iran negotiations could reopen the Strait of Hormuz, a vital oil passageway, lifted sentiment. “The expectations of a…