Bitcoin Price Dips Below $108,000 Amid Profit-Taking and ETF Outflows

Bitcoin Price Dips Below $108,000 Amid Profit-Taking and ETF Outflows

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Bitcoin's price has fallen below the $108,000 threshold, influenced by cautious market sentiment. Analysts point to significant profit-taking by large holders (whales) and observed outflows from Bitcoin-related Exchange Traded Funds (ETFs) as key factors contributing to the recent decline.

Bitcoin has slipped under $108,000 as whales take profits and ETFs see outflows.