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Bitcoin steadies after dip to $76,300 as ETF outflows and midterm elections weigh on crypto
Headline from CoinDesk
Key points
- Bitcoin has stabilized near $76,900 following a slight 0.2% increase since midnight UTC.
- This recovery comes after a drop to $76,300, driven by market pressure from upcoming midterm elections.
- Recent data shows spot Bitcoin exchange-traded funds experienced a second consecutive day of outflows totaling $399 million, while Binance registered a net customer withdrawal of $4.72 billion.
Summarized automatically by Kryptokite from reporting by CoinDesk. Read the original sources for full detail.
Coins mentioned
Sources
- CoinDeskBitcoin steadies after dip to $76,300 as ETF outflows and midterm elections weigh on crypto · 2 hours agoRead on CoinDesk
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