In crypto news today (May 29), the market has seemingly stabilized overnight, with the Bitcoin price climbing a modest +0.4% in the past 24 hours, with it sitting at around $73,500. However, ETH USD remains in a precarious position: while it is up +0.8% on the day, it trades at $2,010, barely holding above the key $2,000 support zone.

The daily price action for BTC and ETH comes as both assets saw -$233M and -$122M in ETF outflows yesterday, and while those flows are smaller than yesterday’s, they continue a worrying trend of institutions offloading crypto in huge amounts.

The total crypto market cap has also enjoyed a period of respite, up +0.8% overnight, and is now back above $2.56 trillion as it attempts to reach $2.8…