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BTCUSD Dives as ETF Outflows and Stagnant Capital Threaten Key $58K Support

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The Story

News Summary

  • Bitcoin struggles as on-chain data shows a lack of fresh capital inflows and persistent ETF outflows.
  • With over half of circulating supply held at a loss, analysts warn that failure to maintain the critical $58,400 support level could trigger a sharper decline toward $46,700.
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BTCUSD price history

75661.95 +12.94% over the displayed period

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