Bitcoin holds over $77,000; oil falls, ETF outflows reported
Bitcoin rose above $77,000 Monday in thin holiday trading, last up 0.8% at $77,500. U.S. spot bitcoin ETFs saw net outflows of about $1.26 billion from May 18–22, with total outflows over $2 billion in two weeks. Oil fell over 4% as U.S.-Iran talks showed progress, easing inflation concerns. Major equity markets in New York and London remained closed for holidays.