Bitcoin Dips Under $83K Amidst $1B Withdrawals from Crypto ETFs

Bitcoin's value has decreased to nearly $81,000 as over $1 billion flows out of U.S. crypto ETFs, signaling a cautious market.

Bitcoin's price has recently dropped below the $83,000 mark, nearing $81,000, attributed to tightening liquidity and a general risk aversion across markets.

In a notable shift, U.S. crypto exchange-traded funds (ETFs) experienced substantial withdrawals, exceeding $1 billion. This trend reflects a broader hesitance among investors amid current economic conditions.