Equity weakness could damp demand for bitcoin after biggest ETF inflows in a month

Bitcoin's demand may decline due to weakness in equity markets following significant ETF inflows. Bitcoin's price has dropped around 1.1% to approximately $81,406.54, while ether fell 1.7%, influenced by declines in Asian stocks and rising oil prices. Analysts warn that ongoing equity deleveraging could threaten Bitcoin's support level of $80,000, even as Bitcoin ETFs saw the largest net inflows in a month, attracting around $527 million.