The post Bitcoin Price Slips as Institutional Interest Fades: What’s Next for BTC? appeared on BitcoinEthereumNews.com.

The crypto market has recorded a massive selloff today, with its market cap falling more than 1.6% to $3.97 trillion. Notably, the selloff comes amid a retreat in both altcoins and Bitcoin price, with BTC resting near $117k during writing. According to market experts, the selloff in BTC could be due to the waning risk-bet appetite of institutions towards the asset. For context, the US Spot Bitcoin ETF has ended the week on a low note, breaking its seven-day inflow streak. However, despite the declining value, a flurry of experts have remained optimistic on the long-term trajectory of the flagship crypto. Besides, they have cited the ongoing retreat as a healthy trading scenario that might help it for a potential breakout ahead. Having said that, here we explore some of the top reasons behind the recent dip. Also, we would see what might await the Bitcoin price in the near future. Bitcoin Price Slips: Here’s Why BTC price today has slipped nearly 1.3% and traded at $117,517, amid a broader crypto market selloff. Besides, the trading volume over the last 24 hours has also plunged about 27% to $65 billion, indicating a waning interest from market participants. Further evidencing the fact, the Bitcoin Futures Open Interest slipped around 0.5% today, with Binance recording the highest plunge by 2.28% to $15.04 billion. This also suggests that the investors are staying on the sidelines amid soaring market uncertainties. For context, the CME FedWatch Tool showed that the market is betting heavily towards a potential Fed Rate Cut in September. However, the latest US PPI inflation data has dampened sentiment, coming in hotter than the Wall Street expectations. Fed Rate Cut Odds | Source: CME FedWatch Tool This has triggered a widespread selloff in the financial sector, let alone the crypto market and…

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Filed under: News - @ August 16, 2025 11:21 pm