Quick Read
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Bitcoin ETF outflows after the Binance hack look overblown: heavy selling started before the breach and totals just 3% of cumulative inflows.
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Binance avoided a run, with withdrawals near 3% of assets, while untouched ETFs bled about $1 billion in two days.
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Bitcoin needs ETF cumulative inflows back above $58 billion or a close above its 50-day average to signal a bottom.
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Bitcoin (CRYPTO:BTC) traded at $75,616 late Friday morning. That is 1.5% lower over 24 hours and 9.2% lower over 30 days….
