Bitcoin stalls as BTC ETF outflows hit $268M: Will new Fed chair restore the rally?

May 8, 2026 · 1 min read · Cointelegraph

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Rising Bitcoin ETF outflows and liquidations signal short-term caution, but a weak DXY and the eventual appointment of a new Fed chair could resume the rally.

A weakening US dollar and higher government debt favor scarce assets, even as spot Bitcoin ETF outflows and low retail demand spark some concern.
Traders expect Kevin Warsh to become Fed Chair, which could benefit Bitcoin.

Bitcoin (BTC) stagnated near $80,000 on Friday following a rejection at $82,500.

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