Bitcoin Price Weakness Likely to Continue Until Risk Off Mood Peaks
Key takeaways: Bitcoin softened as tech sector weakness spilled into crypto markets, reducing risk appetite and limiting demand for bullish leverage. Persistent spot Bitcoin ETF outflows and targeted sales from a 2011 holder exacerbated downward pressure. Bitcoin (BTC) is down 11% since Monday, falling to a six-month low of $94,590 on Friday. Bitcoin derivatives continue…
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