Derived from Coinomedia, Bitcoin fell to a five-month low amid over $1 billion in ETF outflows, driven by renewed doubts about Federal Reserve rate cuts and weak labor data. The price dropped 6.2% to $57,359, while Ethereum fell 9.5% to $3,210. The total crypto market cap declined to $3.48 trillion, and over $1.1 billion in long liquidations were recorded in derivatives markets.
Bitcoin Slumps to 5-Month Low Amid $1B ETF Outflows
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