Bitcoin consolidates above $74k as CFTC approves crypto perpetuals, while US-Iran tensions and ETF outflows cap risk appetite; BNB and HYPE lead selective altcoin strength.
Extreme Fear grips crypto as Bitcoin ETF outflows hit record 9-day streak, while ICE's pivot toward tokenization signals structural shift. Capital flows neutral; tactical positioning favors AI/Base ecosystem over broad market exposure.
Spain's regulatory action against Polymarket and Kalshi, combined with weakening Bitcoin demand and a risk-off sentiment, suggests a cautious institutional stance. Capital flows remain neutral, favoring AI tokens over broader crypto, while Bitcoin faces critical support at $75K-$76K.
