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Bitcoin (BTCUSD) Plunges on $1.09B Outflows as Bearish Sentiment Weighs Amid Rate Cut Doubts

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The Story

News Summary

  • Digital asset investment products faced $1.73 billion outflows last week, led by Bitcoin's $1.09 billion withdrawal amid bearish sentiment and fading rate cut hopes, though a long-term model forecasts Bitcoin's price floor near $317,000 by 2029.
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BTCUSD price history

75858.06 +15.39% over the displayed period

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