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BTCUSD Tumbles to $63K as Spot Bitcoin ETFs Face Record 13-Day Outflow Streak

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

News Summary

  • Spot Bitcoin ETFs have faced a record 13 consecutive days of net outflows, totaling $4.4 billion.
  • Weakening demand, miner pressure, and selling by long-term holders have driven BTCUSD prices below $63,000, marking a significant 21% correction from recent highs.
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BTCUSD price history

77702.78 +15.98% over the displayed period

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