Bitcoin Slides as $1B Spot ETF Outflows End Six-Week Inflow Streak
2026-05-18 06:46
  • BTC 0%
  • ETH 0%
  • SOL 0%

CoinEx News: Bitcoin ended the May 11–17 week down roughly 2.7% near $78,200, after repeated failures around the $82,000–$82,200 200-day EMA zone. The selloff accelerated after Tuesday’s hot CPI print and Wednesday’s Fed transition shock, with BTC slipping below $79,000 before briefly rebounding above $81,000 after the Senate Banking Committee advanced the CLARITY Act on May 14. Friday’s rates/oil-driven risk-off move in U.S. equities then dragged BTC back toward the $78,000–$79,000 range over the weekend. U.S. spot Bitcoin ETFs recorded roughly $1 billion in net outflows, ending a six-week inflow streak, while spot Ether ETFs lost about $255 million across five straight daily outflows. Within crypto, relative performance turned defensive: ETH fell about 5%–6% toward $2,180 and SOL dropped roughly 7% toward $87, while the Altseason Index around the mid-30s signaled broad risk reduction across majors.

Source: CoinEx

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