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Bitcoin ETFs Bleed $485M as BTC Falls Toward $82K — Bearish Move Ahead?

The post Bitcoin ETFs Bleed $485M as BTC Falls Toward $82K — Bearish Move Ahead? appeared first on Coinpedia Fintech News U.S. spot Bitcoin ETFs recorded their largest single day outflow in more than a year, with…

· 1 min read · 154 words · via Coinpedia

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The post Bitcoin ETFs Bleed $485M as BTC Falls Toward $82K — Bearish Move Ahead? appeared first on Coinpedia Fintech News U.S. spot Bitcoin ETFs recorded their largest single day outflow in more than a year, with nearly $485 million leaving the funds on October 7. The heavy selling came as Bitcoin dropped close to $82,000.  The move also reversed the market’s early “Uptober” gains as rising tensions around the Strait of Hormuz increased pressure on …

Source: Coinpedia. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.

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