AI Stocks Drain Funds, Bitcoin May Face a Volatile Summer

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AI Stocks Drain Funds, Bitcoin May Face a Volatile SummerBitcoin / US DollarCOINBASE:BTCUSDVili_Wealth_PlanBitcoin's drop towards $67,000 indicates the market is entering a more challenging phase. Funds continue to flow into AI stocks, while the crypto market faces pressure from cooling institutional demand, continued outflows from spot ETFs, and a weakening derivatives positioning structure. ETF Outflows Over the past three weeks, spot Bitcoin ETFs have seen a total outflow of 62,794 BTC, marking the second-largest consecutive outflow period in history. This selling pressure accelerated further after Bitcoin failed to break through the 200-day moving average last month. In contrast, major US stock indices remain high. The Nasdaq and S&P 500 continue to hit new highs, and the market is also focused on potential IPOs from companies like SpaceX and Anthropic. This increases the opportunity cost of holding Bitcoin, leading some funds to shift towards AI-related stocks.