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Bitcoin Risks Deeper Fall on $20 Billion Crypto Hedge Fund Redemptions

Bitcoin price trades around $86k after crashing from $92k amid panic among institutional investors, as evidenced by $357 million spot Bitcoin ETF outflows. Experts such as 10x Research and on-chain data platforms expect a further drop in BTC price, especially amid tax-loss harvesting and weak technical structure. Crypto Hedge Fund Redemptions Pose Greater Risk ofThe post Bitcoin Risks Deeper Fall on $20 Billion Crypto Hedge Fund Redemptions appeared first on CoinGape.

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