On Tuesday, Bitcoin (CRYPTO: BTC) fell below $68,000, while Ethereum (CRYPTO: ETH) and XRP (CRYPTO: XRP) recorded declines of 2% and 4% respectively. This downturn is largely attributed to significant outflows from Bitcoin and Ethereum exchange-traded funds (ETFs), which have seen roughly $2 billion in combined redemptions over the past ten days, the longest streak since their inception. Additionally, selling pressure from MicroStrategy has contributed to the negative sentiment in the crypto market. In contrast, the Nasdaq continues to perform well, buoyed by strong earnings tied to artificial intelligence and software growth. Analysts suggest that the institutional interest that previously drove Bitcoin's price from $70,000 to $80,000 has diminished, leaving the market vulnerable without new buyers. Interestingly, Hyperliquid, measured by Hyperliquid Strategies Inc (NASDAQ:PURR), has managed to maintain a strong relative strength trend, surpassing $70 recently, following reports of a $115 million ETF seed negotiation by Grayscale. Traders are now looking for upcoming catalysts, including inflation data and the launch of CME Nasdaq crypto index futures.