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Bitcoin ETF Outflows Hit 3-Month High

Bitcoin ETFs experienced their worst week since June, with $681.10 million in net outflows. This contributed to a significant price drop to a two-week low of $80,400. Ethereum ETFs also struggled, experiencing five consecutive days of outflows totaling $541.06 million. Despite a brief recovery, Bitcoin and Ethereum prices remain under pressure, with BTC trading around $80,400 and ETH fluctuating above $2,500 after a mid-week decline.

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