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Bitcoin stays near 80000 as ETF outflows spark cautious traders and lift select altcoins
Economy
Published on 9 May 2026
Spot Bitcoin ETF outflows flip mood despite support
Bitcoin is holding near the $80,000 level after failing to break higher around $82,500, with traders turning cautious as US-listed spot Bitcoin ETF outflows continue. While sentiment wobbles, major altcoins including XRP, BNB, and Solana posted gains. Still, rising overall crypto market cap and ongoing institutional demand point to underlying resilience.
- Bitcoin rejected near $82500 and steadies around $80,000
- US spot Bitcoin ETF outflows are driving cautious sentiment
- Altcoins like XRP BNB and Solana gained alongside BTC
- Institutional demand continues to support the market
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times