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Bitcoin (BTCUSD) ETF Outflows Surge on Fed Hawkishness and Strong Dollar Pressure

The Block Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin spot ETFs faced a $577M single-day outflow amid institutional risk rebalancing, driven by hawkish Fed stance, strong USD, and market fear, signaling short-term pressure despite longer-term bullish fundamentals.
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BTCUSD price history

76948.61 +14.86% over the displayed period

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