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Bitcoin falls below $73,000 as BlackRock’s BTC ETF sees largest outflows since debut

The Block·May 28Read the full story →

Hex37's read

  • Bitcoin price drops below $73,000.
  • Spot Bitcoin ETFs experienced significant outflows.
  • BlackRock's IBIT ETF recorded its largest daily outflow.

What it means for traders

  • Increased ETF outflows suggest potential selling pressure on BTC.
  • Monitor ETF flows for sentiment shifts and potential price reversals.

Affected markets

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