Bitcoin ETFs Bleed $287M, Largest Daily Outflow in Four Months

Bitcoin ETFs Bleed $287M, Largest Daily Outflow in Four Months



Bitcoin’s price fell over 2.7% to $57,500 on Tuesday, reversing Monday’s bounce. The losses came after the U.S. ISM manufacturing PMI printed below 50, indicating a continued contraction in the activity in August. The data revived growth fears, weighing over risk assets, including cryptocurrencies.



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