๐ Bitcoin Falls Below $62.8K as Spot ETFs Log Back-to-Back Outflows for First Time Since Late July
Bitcoin closed around $62,754 on August 14, with its daily, weekly, monthly, and yearly trends all turning negative โ the opening price fell every single day this week. Spot bitcoin ETFs saw consecutive days of outflows for the first time since late July, even as July CPI data showed inflation continuing to cool. Gold and silver are rising on the soft inflation news; crypto is not. Are you buying the dip or sitting this one out? Not financial advice.
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