Bitcoin drops below $82,000 as US spot ETFs see $635 million in outflows

invezz.com (French) —

Bitcoin fell below $82,000 during Asian trading on Friday, pressured by renewed global market selling, as US spot Bitcoin ETFs recorded $635 million in outflows. The cryptocurrency dropped 1.3% to $81,623, extending losses after a sharp decline in US stocks on Thursday. The ETF outflows ended three consecutive days of positive inflows, signaling a reversal in institutional demand. Broader markets faced pressure from rising Middle East tensions, which pushed oil prices higher and revived inflation concerns. With US midterm elections less than two weeks away, investors are also reassessing potential impacts on interest rates and financial conditions.


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