BTC Stuck Below $74K As ETFs Dump Billions | The Coin Monitor | 3.0 TV

Added: 2026-05-30

[00:00:00]Hello and welcome to 3 Auto TV. You are watching the coin monitor. So, [music] Bitcoin remains below $74,000, down almost 5% weekly [music] as cautious sentiment, ETF outflows, shrinking corporate Bitcoin holdings, and heavy [music] derivatives positioning outweigh renewed US-Iran deal talks and Trump administration pro-crypto signals. So, Bitcoin has slipped from the world's [music] top 10 assets to 13th ahead of today's $9 billion monthly options expiry. [music] Now, a broader macroeconomic concerns are also weighing heavily on sentiment.

[00:00:32][music] The Federal Reserve's preferred inflation gauge, the PCE index, surged to 3.8% [music] marking its highest reading in nearly 3 years and strengthening fears of prolonged higher interest rates.

[00:00:47]Now, meanwhile, oil markets witnessed sharp declines [music] after reports emerged that the United States and Iran had reached a tentative agreement to extend their ceasefire by 60 days [music] and restart talks on Tehran's nuclear program. Now, Brent crude slipped 0.5% to around $93 [music] per barrel and has now fallen over 18% in May, marking its worst [music] monthly performance since March 2020.

[00:01:12]However, the deal still awaits President Donald Trump's approval [music] while Iran's Tasnim news agency stated that a memorandum of understanding has not yet been [music] finalized.

[00:01:24]Now, institutional flows continue to signal weakness. [music] US-listed spot Bitcoin ETFs recorded some net outflows of $1.07 billion over 2 days [music] while a spot Ethereum ETF saw more than $190 million in outflows during the same period. [music] So, adding to the pressure, Paris-based semiconductor developer Sequence Communications [music] announced plans to fully liquidate its Bitcoin holdings, joining a growing list of publicly traded mining firms [music] and Trump Media and Tech Group scaling back Bitcoin exposure.

[00:01:54]So, despite the broader weakness, Ethereum held near the $2,000 after Standard Chartered reaffirmed its ambitious long-term target of $4,000 by the [music] end of 2026 and $40,000 by 2030. Among all coins, BNB, XRP, Solana, Dogecoin, and Cardano gained up to 3% while [music] Tron fell some 3.12% each by DEX and algo rallied between 10% and [music] 12%. At the same time, Stellar's XLM surged over 23% to $0.215 after BTCC partner >> [music] >> with a network to tokenize trillions of dollars worth of traditional assets by 2027.

[00:02:33]Injective's IND also climbed 13% to $6.11 [music] following the launch of regulated IND futures on CFTC regulated BitMEX exchange [music] while hype jumped 10% to $63 after NYSE chairman Jeffrey Sprecher [music] described hyperliquid as bigger than Nasdaq.

[00:02:50]Now, the global crypto market cap rose marginally by 1% to $2.47 [music] trillion although the crypto fear and greed index slipped further to 33 signaling increasing fear among [music] investors. So, what is the outlook for you? Crypto markets remain cautious as softer ETF demand, macro uncertainty, and ongoing distribution activity [music] continue outweighing the positive headlines. Traders say markets have largely priced in >> [music] >> Iran related geopolitical relief with focus now shifting towards US crypto market structure legislation, particularly the Clarity Act [music] as the major catalyst for Bitcoin. So, that's all in this episode of Coin Monitor. [music] Keep watching 3 dot TV and don't forget to log on to our website, www.307t.com or scan the QR code.