BTC selloff caused a wider crypto market decline; BTC at $58.5k, down 4.8%. ETH lost 3.5%, Solana, TON, BNB, DOGE, ADA, XRP, all affected.
U.S.-listed ETFs recorded significant outflows: BTC ETFs $89M losses, ETH ETFs $15.7M losses. Tokens like APT, ARB, SAND faced up to 7% drops.
Market experts anticipate further BTC decline due to technical weakness, but foresee potential upward pressures post traditional market releases.
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