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Bitcoin ETFs lose $287 million, biggest daily outflow in four months

Posted on by Vaseline
Bitcoin ETFs lose 7 million, biggest daily outflow in four months

Bitcoin price fell more than 2.7% to $57,500 on Tuesday, reversing Monday’s rally. The losses came after the U.S. ISM Manufacturing PMI fell below 50, signaling a continued contraction in activity in August. The data revived growth fears, weighing on risk assets including cryptocurrencies.

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