bitcoin ·
Bitcoin steadies near $76,900 despite ETF outflows, Binance withdrawals
Following a decline to $76,300, the cryptocurrency Bitcoin experienced a slight increase, moving up 0.2% to approximately $76,900 since the start of UTC midnight.
This upward movement occurred despite several bearish pressures, including spot exchange-traded funds registering a second consecutive day of outflows amounting to $399 million, alongside a net withdrawal of $4.72 billion by Binance users.
The market's current dynamics reflect broader concerns, as the ongoing impact of midterm elections and the consistent outflows from spot ETFs continue to exert downward pressure on the crypto space.
