✉news BusinessCrypto first seen 1 d ago, last 1 d ago, peak #23
Bitcoin holds near $83,000 as ETF outflows top $680 million
Original: Bitcoin steadies near $83,000 as spot ETF outflows top $680 million
Bitcoin is trading around $83,000, finding some stability after spot Bitcoin ETFs recorded more than $680 million in net outflows. The withdrawals mark a sharp pullback in institutional demand, but the price has so far avoided a steeper slide. Market watchers are tracking whether fund flows stabilise or continue to pressure the cryptocurrency.
Why now: Large outflows from spot Bitcoin ETFs are raising concerns about institutional sentiment toward crypto.
Evidence
- Bitcoin steadies near $83,000 as spot ETF outflows top $680 million · Yahoo Finance
- Bitcoin steadies near $83,000 as spot ETF outflows top $680 million · Investing.com
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