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Bitcoin Faces Reversal Risks at $78K Resistance as ETF Outflows Mount

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

News Summary

  • Bitcoin struggles near $78,000 resistance as analysts warn of low spot volume and leverage-driven upside risking sharp reversals.
  • Furthermore, Bitcoin spot ETFs experienced $201.81 million in outflows, ending a nine-day inflow streak, while Ethereum saw surging inflows.
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