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Bitcoin (BTCUSD) Struggles as ETF Outflows Battle Dip Buyers at $70K Support

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

News Summary

  • Bitcoin is facing heavy selling pressure from ETF outflows, though spot buying near $70,000 is providing a temporary floor.
  • While leveraged long positions are accumulating, current volume remains insufficient to trigger a breakout, leaving the asset in a consolidation phase until fresh catalysts emerge.
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BTCUSD price history

76851.36 +16.65% over the displayed period

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