Here’s a quick recap of the crypto landscape for Friday (May 29) as of 8:00 pm UTC.
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.
Bitcoin (BTC) was priced at US$73,252.50, trading 0.3 percent lower over the past 24 hours.
Bitcoin price performance, May 29, 2026.
Chart via TradingView.
Demand for spot Bitcoin exchange-traded funds (ETFs) has sharply dropped as institutional investors pull billions of dollars out of the market. Recent data shows that Bitcoin ETFs suffered a record-breaking nine day streak of consecutive outflows totaling US$2.8 billion starting on May 15.
The bleeding peaked on Wednesday (May 27), with a single-day net loss of US$733.43 million, driven largely…
