Bitcoin ETF Inflows Fail to Halt Price Reversal Amid Interest-Rate Concerns

Bitcoin ETF inflows have surged to $3.8 billion over a three-week period, marking their strongest such stretch this year. Despite this institutional demand, BTC price has reversed due to strong US employment data that raised interest-rate concerns and pressured risk assets.

The strong hiring numbers reduced the Federal Reserve's justification for lowering rates, which was seen as the trigger for the decline rather than a weakness in crypto fundamentals. This rejection near $82,400 led to an initial pullback setup, with Bitcoin testing an important weekly technical level.

Analyst Ted Pillows noted that Bitcoin price has fallen below its 50-week moving average again, indicating a decision zone rather than a directional guarantee. A close above this average would return control to buyers, while another close below it would strengthen the case for a deeper correction.