Solana-based Altcoins Surge! What’s Next For MEW And HIGH Tokens?
The post Solana-based Altcoins Surge! What’s Next For MEW And HIGH Tokens? appeared first on Coinpedia Fintech News With the increased price volatility in the cryptocurrency market, top tokens have displayed a significant price action in their respective portfolios since the week started. Moreover, the Bitcoin price…
The post Solana-based Altcoins Surge! What’s Next For MEW And HIGH Tokens? appeared first on Coinpedia Fintech News
With the increased price volatility in the cryptocurrency market, top tokens have displayed a significant price action in their respective portfolios since the week started. Moreover, the Bitcoin price… Read More
Crypto analyst Chain Mind has indicated that the Bitcoin price has yet to bottom. He alluded to historical performance, which shows that BTC has never bottomed without touching the EMA 300. Bitcoin Price Unlikely To Bottom Before Touching This Level In an X post, Chain Mind indicated that the Bitcoin price is unlikely to bottom
Published
12 hours ago
in
By
Crypto analyst Chain Mind has indicated that the Bitcoin price has yet to bottom. He alluded to historical performance, which shows that BTC has never bottomed without touching the EMA 300. Bitcoin Price Unlikely To Bottom Before Touching This Level In an X post, Chain Mind indicated that the Bitcoin price is unlikely to bottom out without first touching the EMA300… Read More
Markets Bitcoin tanks to $74,300 as spot ETFs bleed $2.26 billion in two weeks U.S.-listed spot bitcoin exchange-traded funds have seen more than $2.26 billion in outflows over the past two weeks. By Omkar Godbole May 23, 2026, 10:19 a.m. 1 min read Make preferred on Share Share this article Copy link X icon X
Published
12 hours ago
in
By
Markets
Bitcoin tanks to $74,300 as spot ETFs bleed $2.26 billion in two weeks
U.S.-listed spot bitcoin exchange-traded funds have seen more than $2.26 billion in outflows over the past two weeks.
By Omkar Godbole
May 23, 2026, 10:19 a.m.
1 min read
Make preferred on
Share this article
X (Twitter)LinkedInFacebookEmail
Make preferred on
BTC’s price slide. (CoinDesk)
Summary
Bitcoin has fallen to about $74,300, more than 10% below its early May peak, as rising U.S. and global bond yields sap demand for riskier, zero-yield assets.
U.S.-listed spot bitcoin exchange-traded funds have seen more than $2.26 billion in outflows over the past two weeks.
Speculative capital focuses on commodities exposed to potential supply disruptions and to pre-IPO bets on SpaceX.
Bitcoin BTC$63,254.03 is rapidly losing ground as investors pull out billions of dollars from U.S.-listed spot ETFs.
The world’s largest cryptocurrency fell to $74,305 early Saturday, its lowest level since April 20, according to CoinDesk data. As of writing, BTC was down more than 3% over the past 24 hours and approximately 10% below its recent high of over $82,500 reached on May 6.
The sell-off accompanies a notable upswing in U.S. Treasury yields and parallel increases in government bond yields across developed markets, which are reducing appetite for high-risk, zero-yielding assets like bitcoin.
Investors withdrew $1.26 billion from U.S. spot Bitcoin ETFs this week, the largest single-week outflow since January, following roughly $1 billion in outflows the previous week. In total, the funds have seen more than $2.26 billion in redemptions over the past two weeks.
Meanwhile, commodities such as oil, copper, and sulfur are seeing strong flows of speculative money as markets continue to price in potential supply disruptions through the Strait of Hormuz due to the Iran conflict.
One theory also points to capital being redirected toward SpaceX’s anticipated IPO, with several blockchain-based pre-market derivatives tied to the event already seeing millions in trading volume on blockchain-based platforms.
Bitcoin News
Related Assets
Bitcoin$63,254.03
0.81%
Bitcoin News
Related Assets
Bitcoin$63,254.03
0.81%
Latest Crypto News
1
Binance taps into Bitcoin holders’ hunger for yield with new covered call yield play
2 hours ago
2
Bitcoin’s recent macro relief faces a challenge from Japanese interest rates
2 hours ago
3
Live markets: Bitcoin and ether ETFs drew inflows on Monday
3 hours ago
4
BONK faces $20 million treasury drain after attacker spends $4 million to pass malicious proposal
5 hours ago
5
XRP stalls near $1.14 as breakout attempt struggles for volume
5 hours ago
6
Bitcoin drops after a run at $64,000, shrugging off Strategy’s $213 million BTC sale
6 hours ago
7
Bitcoin’s U.S. reserve still a work-in-progress as federal agencies hash it out
13 hours ago
8
Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows
18 hours ago
9
Strategy selling hundreds of millions worth of bitcoin raises question about its capital-allocation playbook
The cash-settled, European-style contracts will trade under the ticker QBTC on Phlx, but still require CFTC approval before trading can begin…
Published
12 hours ago
in
By
The cash-settled, European-style contracts will trade under the ticker QBTC on Phlx, but still require CFTC approval before trading can begin… Read More
