Investors moved 570 million USD out of spot Bitcoin ETFs following a price drop to 92,500 USD. This led to over 521 million USD in liquidations across the crypto market, amid Fed’s monetary policy concerns. This coincided with Fidelity’s Wise Origin Bitcoin Fund experiencing its largest single-day outflow.

Despite outflows, the Crypto Fear & Greed Index suggests sentiment remains in ‘Greed’ territory. Bitcoin retains a 69 score, down from 78 previously. Traders remain wary, acknowledging the unpredictable nature of early-year market trends. Analysts emphasize Bitcoin’s volatile start and urge cautious observations.