Bitcoin ETFs Post Largest Outflows Since January as BTC Slips

BTC

BTC/USDT

$79,716.00

-0.05%

$79,716.00

-0.05%

(24s)

24h Volume

$8,056,136,981.51

24h H/L

$80,200.00 / $79,233.00

Change: $967.00 (1.22%)

Long/Short

53.1%

Long: 53.1%Short: 46.9%

Funding Rate

+0.0022%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,620.00

▼ -0.27%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$81,908.22

Resistance 1$79,878.00

Price$79,620.00

Support 1$78,324.21

Support 2$73,033.65

Support 3$70,930.00

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):65.9

Cointelegraph Staff

(01:14 PM UTC)

1 min read

Approved byMichael Roberts

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US spot Bitcoin exchange-traded funds (ETFs) posted their largest daily outflow since January as Bitcoin struggled to hold the $80,000 level after a sharp rebound from April lows.

Bitcoin (BTC) funds recorded $635.2 million in outflows on Wednesday, extending $233.3 million in outflows from the previous trading session, according to SoSoValue data.

So far, weekly outflows stand at $841.2 million…