The Bank of Japan Just Triggered $635 Million in Bitcoin ETF Outflows in a Single Day: Is the Rally Over?

U.S. spot Bitcoin ETF products shed $635 million in a single trading session on Wednesday, the largest single-day outflow since January 29, as hawkish signals from the Bank of Japan triggered a global risk-off move that cascaded into over $500 million in crypto liquidations. Bitcoin price dropped more than 2% in 24 hours to $79,400, stalling a rally that had carried prices from $65,000 to above $80,000 over recent we…