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coinpedia 2024-03-20 09:32:44

Bitcoin Suffers Biggest Single-Day Loss Due To ETF Outflows

The post Bitcoin Suffers Biggest Single-Day Loss Due To ETF Outflows appeared first on Coinpedia Fintech News BTC plunged over 8% and dropped to $62,000 on Tuesday, its biggest single-day (UTC) percentage decline since November 2022 due to the FTX collapse. This price correction can be directly linked to the Spot ETF outflows; as per data published by the Investment firm Farside, a net outflow of $326 million from the spot ETFs …

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