US stocks rebounded, Bitcoin stagnated, BlackRock ETF (IBIT.US) was redeemed on the 7th

According to Woofun AI, when the US stock market rebounded strongly on Monday, the performance of Bitcoin (BTC) was relatively weak. The price fell to an intraday low of around $74,100, and failed to keep up with the rise of traditional risk assets.

Although the S&P 500 index recorded its best single-day performance since April 8, and the Nasdaq Composite Index rose 2.7% to fix the previous decline due to adjustments in the artificial intelligence sector, the overall momentum of the cryptocurrency market was insufficient. The CoinDesk 80 index fell slightly by 0.2%, and only the Memecoin Index bucked the trend and rose 0.4%.

Macro data expectations and capital flows constitute the main variables in the current market. The US Consumer Price Index (CPI), which will be announced at 13:30 UTC, has attracted much attention. Economists surveyed by Dow Jones expect the overall inflation rate to rise 0.3% and the core inflation rate to rise 0.2% in October. This growth rate is significantly lower than the 0.6% and 0.3% growth rate in September, which suggests that the rate of price growth may slow further.

However, before the data was implemented, institutional funding showed signs of withdrawal. According to data compiled by Woofun AI, the US Bitcoin Spot ETF (IBIT.US) assets decreased by US$201 million on Monday. Among them, BlackRock (BLK.US) IBIT (IBIT.US) products had outflows of US$2132 million in a single day, and the product had been redeemed for seven consecutive trading days, reflecting the cautious attitude of large asset management institutions during the critical data window.

Structurally, Bitcoin's trend has been mostly stable over the past 24 hours, but the 1.4% drop in Ethereum (ETH) dragged down overall market sentiment. This trend, which deviates from the traditional stock market, highlights the independent pricing logic of crypto assets in the face of macroeconomic uncertainty. As inflation data is about to be revealed, the market focus will shift to the space for fine-tuning the Fed's policy expectations. If the data meets or exceeds expectations, it may provide support for the subsequent market; conversely, continued capital outflow pressure may continue to suppress the short-term rebound of BTC. This is a typical example of the fragmentation of risk asset correlation once again following recent fluctuations in the artificial intelligence sector.