Home
Cryptocurrency
Cryptocurrency News
Bitcoin Struggles Near $76,800 as ETF Outflows Continue to Pressure Markets

Bitcoin Struggles Near $76,800 as ETF Outflows Continue to Pressure Markets

Crypto markets remain cautious as ETF outflows weaken recovery momentum.

Written by Rahul Dhingra, Edited by Rohan Pal | Updated: 26 May 2026 13:33 IST

Bitcoin Struggles Near $76,800 as ETF Outflows Continue to Pressure Markets

Photo Credit: Unsplash/Kanchanara

Bitcoin recovery attempts remain fragile amid weak institutional demand

Click Here to Add Gadgets360 As A Trusted Source

Highlights

US-listed Bitcoin ETFs saw over $1.74 billion in outflows
Bitcoin continues to struggle below the $78,000 recovery zone
Analysts warn that leverage buildup may increase market volatility

Bitcoin traded near $76,800 (roughly Rs. 73.3 lakh) on Tuesday, as the cryptocurrency market remained cautious amid continued ETF outflows and uncertainty around upcoming US macroeconomic triggers. The world's largest cryptocurrency witnessed an increase of 0.60 percent in the last 24 hours, based on today's market data. Ethereum (ETH) was trading near $2,100 (roughly Rs. 2 lakh), reflecting muted movement across the broader crypto market. Bitcoin is currently priced around Rs. 73.1 lakh in India, while Ethereum trades near Rs. 2 lakh, as per today's Gadgets 360 price tracker.

Analysts noted that easing crude oil prices and improving macro sentiment have helped reduce immediate downside pressure, though the market is still struggling to reclaim key resistance zones.

Cryptocurrency Discussion

Explore More...

Major altcoins continued to trade with weakness on Tuesday, broadly mirroring Bitcoin's cautious price action. Binance Coin (BNB) was priced around $657.82 (roughly Rs. 62,800), while Solana (SOL) traded near $84.46 (roughly Rs. 8,060). XRP hovered around $1.34 (roughly Rs. 128), and Dogecoin (DOGE) was trading close to $0.101 (roughly Rs. 9.6), indicating continued hesitation across risk assets.

Ethereum Co-Founder Responds to Criticism of Ethereum Foundation

Institutional Outflows and Weak Recovery Signals Keep Bitcoin Under Pressure

Commenting on the latest market structure, the CoinSwitch Markets Desk said, “BTC is trying to recover after defending the $77,000 (roughly Rs. 73.4 lakh) support area, but the move still looks like a rebound rather than a confirmed breakout [...] US spot Bitcoin ETFs reportedly saw over $1.74 billion (roughly Rs. 16,603 crore) in outflows across two weeks, while rising inflows into major exchanges and activity from 6–12 month holders suggest some profit-taking.”

Providing a broader assessment of institutional demand trends, Vikram Subburaj, CEO, Giottus.com, said, “US spot Bitcoin ETFs lost about $648.6 million (roughly Rs. 6,189 crore) on May 18 alone, followed by four more consecutive outflow sessions. Since spot ETFs became a major liquidity channel after the January 2024 approvals, sustained outflows have made it difficult for BTC to reclaim the $78,000-$80,000 (roughly Rs. 74.4 lakh–Rs. 76.3 lakh) recovery zone [...] Many recent buyers are still holding unrealised losses. In such phases, rallies usually struggle until those holders return to profit”

Sharing a technical perspective on current price action, Riya Sehgal, Research Analyst, Delta Exchange, said, “Crypto markets are witnessing a cautious consolidation phase after last week's sharp corrective move [...] Both assets attempted short-term recovery bounces from recent lows, but upside momentum continues to face resistance as traders remain defensive.”

Overall, analysts said the crypto market remains in a cautious consolidation phase as investors assess ETF demand, macroeconomic uncertainty, and institutional positioning. Bitcoin's ability to defend the $75,000-$76,000 (roughly Rs. 71.6 lakh–Rs. 72.5 lakh) support zone and reclaim the $78,000-$80,000 (roughly Rs. 74.4 lakh–Rs. 76.3 lakh) band will remain important for confirming stronger recovery momentum.

Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article.

Cryptocurrency Prices across Indian exchanges

Comments

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Cryptocurrency, Bitcoin, Ethereum, Crypto Markets

Rahul Dhingra

Email Rahul Dhingra

Rahul Dhingra is a crypto writer at Gadgets 360, where he covers the exciting world of Cryptocurrency, Blockchain, Defi and Web3. Before joining Gadgets 360, he worked as a content specialist for a European-based Crypto Exchange. Rahul loves storytelling, not just through the written word but also through the visual medium. Beyond his professional life, Rahul is a sports fanatic. Whether it’s cricket or football, his passion for the game is contagious. More