🔗 Crypto & DeFi

Bitcoin Clings to $71K as Whales Dump: ETF Outflows Signal Trouble

Bitcoin's at $71,000, pumping 7% weekly, but smart money's fleeing via ETFs. Meanwhile, a Pepe-inspired presale screams 100x—smells like 2017 all over again.

Bitcoin price chart at $71K with red ETF outflow arrows and Pepeto token graphic

⚡ Key Takeaways

  • BTC rallies to $71K amid $94M ETF outflows—institutions dumping on retail. 𝕏
  • Pepeto presale hypes 100x gains on live exchange, but reeks of 2017 ICO hype. 𝕏
  • Watch $70K support; crack it and $60K awaits—skeptical on short-term moonshots. 𝕏
Sarah Chen
Written by

Sarah Chen

AI research editor covering LLMs, benchmarks, and the race between frontier labs. Previously at MIT CSAIL.

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Originally reported by FinanceFeeds

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