Bitcoin Risks Dropping Below $114k as ETF Outflow Continues

TL;DR

• BTC is down less than 1% in the last 24 hours and risks dropping below the $114k mark.

• Spot Bitcoin ETFs have lost millions over the last four days as investors grow wary of U.S. stagflation.

BTC Still in Red as Altcoins Suffer Losses

The cryptocurrency market has been bearish over the last few days, with Bitcoin and other major coins currently in the red. Bitcoin is trading at $114k per coin, down 3.5% over the last seven days and now risks dropping to the $112k low recorded over the weekend.

The bearish performance comes as the U.S. spot Bitcoin ETFs lost millions of dollars for the fourth consecutive day. Data obtained from SoSoValue revealed that 11 ETFs registered a cumulative net outflow of $196 million on Tuesday. Fidelity's FBTC and BlackRock's IBIT accounted for the giant share of the tally.

The losses began on Thursday when the ETFs bled $114.83 million, followed by $812.25 million on Friday and $333.19 million on Monday. The outflow from Bitcoin ETFs saw BTC’s price drop from the $118k mark last week to now trade around $114k per coin.

If the bearish trend continues, BTC could retest the weekend low of $112k. An extended bearish run would see BTC trade below the $110k mark for the first time since June. 

The poor performance comes as investors are worried about the possibility of stagflation in the United States. Analysts at LondonCryptoClub told investors that tagflation, of course, is the most toxic combination for risk if it prevents the Fed from being able to cut rates to cushion slowing growth.

Stagflationary mix on the ISM knocking risk here

Services employment contracting, new orders and activity barely expanding, prices rising

Stagflation of course is the most toxic combination for risk IF it prevents the Fed being able to cut rates to cushion slowing growth

Given… https://t.co/W3U79Nt4DJ

— LondonCryptoClub (@LDNCryptoClub) August 5, 2025