Bitcoin holds $91K despite IBIT’s biggest outflow since launch
Bitcoin held above $91,000 early Wednesday after a $1-billion liquidation wave, even as BlackRocks IBIT logged a record $523-million outflow, the largest since its debut. Spot Bitcoin ETFs are nearing $3 billion in monthly outflows. Jim Cramer said it almost feels like a cabal is holding prices up. Retail sentiment improved slightly from extremely bearish.