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Bitcoin Breaks $80,000 Again: Are ETF Outflows Irrelevant Now?

Bitcoin Breaks $80,000 Again: Are ETF Outflows Irrelevant Now?

Bullish
BTC
Benzinga

Bitcoin (CRYPTO: BTC) ETFs posted $635.2 million in outflows Wednesday, but Thursday price action could nullify analysts's warnings about a drop to $70,000. Biggest Daily Outflow Since Late January The fresh outflows mark the largest daily Bitcoin ETF withdrawal since January 29, when the funds posted about $818 million in losses.

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The original article is written in English.