#BTCOutlook

The cryptocurrency market is experiencing a pullback after Bitcoin's recent record high. This is likely due to a combination of factors, including profit-taking after a strong rally and reduced expectations for looser US monetary policy.

* Bitcoin: Dropped over 10% from its all-time high of $108,000 to around $95,564.

* Other cryptocurrencies: Smaller tokens like Ether and Dogecoin also experienced declines.

* US ETFs: Investing directly in Bitcoin saw a record outflow of $680 million.

Some analysts view this pullback as a natural correction in a bull market, while others are more cautious. The future direction of the market remains uncertain.