CryptoWorld News reports that the U.S. Bitcoin ETF has experienced outflows for the third consecutive day, totaling over $490 million, led mainly by Fidelity's FBTC and Blackstone's IBIT, resulting in weakened institutional confidence in the Bitcoin market. Bitcoin's price has dropped 3%, currently trading at $75,621. If the ETF outflows continue, it may test the $74,000 support level again. The outflows are primarily influenced by the Federal Reserve maintaining interest rates unchanged, which has shaken market confidence in the future.

BTC-1.98%
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