Bitcoin ETFs Hit $680m Outflows as Bitcoin Dips Below $96k
Spot Bitcoin exchange-traded funds in the United States reported substantial outflows of $680 million on December 19. This decline coincides with Bitcoin falling below the $96,000 mark, raising alarm among investors. The Federal Reserve’s cautious outlook on interest rate cuts has added to the uncertainty. These developments indicate a period of turbulence for the crypto asset market, highlighting the importance of strategic investment decisions during such volatile times. Market watchers anticipate how Bitcoin prices will respond in the days ahead.
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