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Is AI Draining Bitcoin Liquidity as IBIT Outflows Extend While Wall Street Flocks to Anthropic?

Is AI Draining Bitcoin Liquidity as IBIT Outflows Extend While Wall Street Flocks to Anthropic?

Bearish
BTC
Coingape

Bitcoin (BTC) price is down by 5.42% in seven days to trade at $73,693 today, May 29. BTC might continue dropping because the IBIT ETF by BlackRock has seen nine straight days of outflows for the first time since it first started trading in 2024.

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The original article is written in English.