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Bitcoin Risks Deeper Drop as ETF Outflows Mount and Exchange Supply Rises

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The Story

News Summary

  • Bitcoin faces downward pressure amid $267 million in ETF outflows and returning exchange supply.
  • Elevated funding rates and weak spot demand heighten the risk of a break below $60,000.
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BTCUSD price history

77505.84 +17.64% over the displayed period

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