Bitcoin is at the center of the latest crypto market drop as investors pull money from exchange-traded funds. Some traders bet on lower prices, and large holders continue to buy during the weakness. These developments have left the market searching for direction. One of the biggest reasons behind today’s crypto market weakness is the continued outflow from U.S. crypto exchange-traded funds. Recent figures from SoSoValue show that U.S. spot Bitcoin ETFs recorded net outflows of $77.44 million on June 9.