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    Home»Bitcoin»Bitcoin ETFs Witness Third Highest Outflow Since Launch, the Different Two Instances Foreshadowed Value Bottoms
    Bitcoin ETFs Witness Third Highest Outflow Since Launch, the Different Two Instances Foreshadowed Value Bottoms
    Bitcoin

    Bitcoin ETFs Witness Third Highest Outflow Since Launch, the Different Two Instances Foreshadowed Value Bottoms

    By James Van StratenNovember 15, 2024No Comments1 Min Read
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    Bitcoin ETFs Witness Third Highest Outflow Since Launch, the Different Two Instances Foreshadowed Value Bottoms

    Because the launch of the ETFs, Thursday was the third worst day for the bitcoin-linked merchandise. Apparently, the opposite two occasions the ETFs noticed outflows of over $400 million was on Nov. 4 ($541.1 million), simply previous to the U.S. election, and Might 1 ($563.7 million). On Nov. 4, bitcoin bottomed round $67,000 earlier than occurring a tear all the way in which to over $93,000. Whereas the Might low coincide with a backside at slightly below $60,000.



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