Market News / Story
BTC/USD — Bitcoin Slips Below $83,000 as ETF Demand Weakens
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Cryptocurrency’s pullback deepened as US spot Bitcoin ETFs recorded nearly $485 million in outflows. High Treasury yields and a strong dollar kept the recovery under pressure. Bitcoin gives back more of its recent advance Bitcoin BTCUSD slipped below $83,000 in early Thursday trading, extending the retreat from this week’s high near $87,000. Prices approached $82,750, leaving buyers defending the lower end of the recent range as the cryptocurrency struggled to recover…