Bitcoin ETF Outflows: $700M Exit Amid Trade War Fears, Crypto Market Impact
The cryptocurrency market is experiencing a downturn, influenced by significant outflows from Bitcoin ETFs. According to reports, a record $700 million exited Bitcoin ETFs in a single day. This development is attributed to Wall Street de-risking strategies amid growing concerns about a potential trade war. The substantial outflow from these investment vehicles is putting downward pressure on the broader crypto market as investors react to macroeconomic uncertainties.
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