🚨 Bitcoin Dips Below $59K Amid ETF Outflows and Low Demand 🚨
Bitcoin has slipped below $59,000, marking a weekly loss of over 3.5%. Major ETFs like BlackRock's IBIT saw net outflows, signaling reduced demand. However, U.S. retail investor interest is on the rise, with increased inflows to Coinbase and a higher price premium.
Traders expect more volatility post-Labor Day, influenced by economic reports and political developments. Will BTC rebound or continue its slide? Share your thoughts in the comments! 💬
Stay tuned for more updates!