Bitcoin Tests Critical Support at $60K Amid Stalled Institutional Inflows

Bitcoin is testing its critical support level near $60,000 as institutional fund inflows stall. This persistent lack of buying power limits the cryptocurrency's ability to stage a meaningful rebound.

The current cycle has been driven by institutional participation, particularly through spot Bitcoin exchange-traded funds (ETFs) in the United States. However, recent data shows a slowdown in net inflows, with some weeks even recording net outflows.

Institutional investors are reducing their risk exposure amid broader macroeconomic uncertainty and a lack of fresh positive catalysts. Without renewed ETF inflows, analysts argue that a strong rebound is unlikely in the near term.