Bitcoin Price Drops to $65K After BlackRock Bitcoin ETF Sees $32.99M Outflow
Bitcoin fell sharply below $65,000 today after the latest U. S. Producer Price Index (PPI) came in higher than expected, putting pressure on risk assets. The weak sentiment also hit spot Bitcoin ETFs, which recorded a net outflow of $27. 5 million. BlackRock Bitcoin ETF led the outflow with $32. 99 million, as BTC erased all its recent gains. …
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