Bitcoin Market Experiences Significant Volatility and $1 Billion ETF Outflows
Bitcoin Market Experiences Significant Volatility and $1 Billion ETF Outflows
Published on
The Bitcoin (BTC) market faced considerable volatility last week, with prices retesting the psychological $100,000 level amidst a sustained price correction. During this turbulent period, US Bitcoin Spot ETFs recorded a substantial net outflow of over $1 billion, indicating a challenging phase for the digital asset.
Last week proved quite volatile in the Bitcoin (BTC) market as prices retested the psychological $100,000 price level following a sustained price correction that began in early October. Amid this price decline, the US Bitcoin Spot ETFs suffered a similar tumultuous fate, registering a net outflow of over $1 billion. Related Reading: Bitcoin Stays Range-Bound [...]