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Bitcoin Slides as Spot ETF Outflows Hit $462 Million Ahead of Fed Decision

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The Story

News Summary

  • U.S.
  • spot Bitcoin ETFs suffered $462.6 million in net outflows this week, reversing last week's massive inflows.
  • Mounting macroeconomic uncertainty and rising Treasury yields ahead of the upcoming Federal Reserve interest rate decision continue to pressure Bitcoin's price toward critical technical support levels near $76,000.
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BTCUSD price history

77110.74 +14.32% over the displayed period

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