Bitcoin Lower On The Month As Outflows Increase

Posted on 05/06/2024


In early April Bitcoin was trading near US$ 69,000 but has backed off since then with outflows increasing. The price remains reasonably robust compared to last year, however, as it remains above US$ 63,000. U.S. spot bitcoin exchanges faced US$ 564 million in outflows in a single day last week with apparent concerns over whether…

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