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Bitcoin Falls Below $80,000 After the Fed Hold — But ETF Buyers Bought the Dip for a Third Straight Day
Bitcoin could not hold $80,000 after the Federal Reserve's decision. Overnight, the price slipped from above $81,700 to about $79,810, a move of roughly 1.3% in 24 hours that took bitcoin back below the round number traders had been defending all week. The fall came despite a third consecutive day of money flowing into US spot bitcoin ETFs — a split between price and flows that is...
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