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10x Research Blames Bitcoin Selloff on Inflation and ETF Redemptions

2026-06-10 01:58:52

Markus Thielen said U.S.-listed Bitcoin ETFs have seen about $5.4 billion in net redemptions since the April inflation report came in higher than anticipated on May 12. 10x Research forecasts annual inflation rising to 4.3% in the May consumer price index report, above Wall Street's 4.2% consensus estimate.

BTC-3.45%

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