Bitcoin's price declined toward the $82,000 level, breaking below the $84,000 support mark due to concerns over inflation risks and Federal Reserve policies. This downward movement coincided with US spot Bitcoin ETFs recording $729 million in outflows over a two-day period, reversing a previous five-day inflow streak. Major funds, including BlackRock and Fidelity, led the selling pressure driven by macroeconomic uncertainties.
US spot Bitcoin ETFs recorded $729 million in net outflows over two days as inflation risks and Federal Reserve policy concerns weighed on institutional sentiment.
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