Crypto Market Sentiment Remains Cautious Amid ETF Net Outflows and Macroeconomic Data Release

Bitcoin has rebounded to around $88,000, with the crypto market cautiously rising ahead of US macro data releases. The total market capitalization of cryptocurrencies has returned to around $3.07 trillion. Ethereum remains stable at $2,900, while Solana has risen by nearly 6% to $136. However, ETF data shows net outflows for Bitcoin ETF and a massive net outflow of $1.9 billion for global crypto ETPs in the past week, indicating a cautious market sentiment.