Tag: Market Sentiment
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Bitcoin Price Stalls Amid ETF Outflows and Neutral Market Sentiment
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Bitcoin’s price has entered a consolidation phase, trading at $105,550 on June 8, reflecting a 5% recovery from last week’s lows but remaining 5.75% below its annual peak. The market dynamics suggest a mix of profit-taking, declining sentiment, and strategic moves by investors and institutions. ETF Outflows Signal Market Uncertainty Recent data highlights consecutive weekly…