Bitcoin slips below $83,000 as spot ETF outflows rise
Bitcoin dropped below $83,000 amid nearly $485 million of US spot Bitcoin ETF outflows.
Cryptocurrency’s decline widened as US spot Bitcoin ETFs saw nearly $485 million in outflows. High Treasury yields and a firm dollar continued to weigh on the rebound. Bitcoin gave back more of its recent gains as ETF flows and recent price levels remained under pressure.