CoinDesk·3 min read·medium
Bitcoin slips as U.S. inflation fails to spark gains, ETFs see August's first two-day drawdown
O
Oliver Knight
✦AI Summary
Bitcoin prices have slipped as spot ETFs see their first consecutive days of outflows since July. Market indicators, including negative cumulative volume delta and rising open interest, suggest traders are positioning for further downside.
Spot bitcoin ETFs experienced the first back-to-back days of outflows since late July with $192 million exiting the products, according to SoSoValue .
cryptoeconomy
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