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Bitcoin (BTCUSD) Retreats as ETFs See Large Outflows and Short-Term Profit-Taking Intensifies

U.Today Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin ETFs experienced a large $394.68 million outflow on January 16, causing Bitcoin's price to retreat below $95,550 amid short-term profit-taking despite sustained long-term institutional interest.
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Stored market data

BTCUSD price history

78948.07 +19.83% over the displayed period

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