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Technology

Bitcoin Holds Above $83,000 as ETF Outflows and Global Market Caution Weigh on Sentiment

Gadgets360 (NDTV) ·
Bitcoin Holds Above $83,000 as ETF Outflows and Global Market Caution Weigh on Sentiment

Bitcoin remained above $83,000 as traders assessed ETF redemptions, elevated oil prices and uncertainty over US monetary policy.

Strive added 3,311 BTC to its holdings, while improving on-chain trends suggested renewed accumulation by large investors.

However, continued outflows from Bitcoin and Ethereum ETFs have kept market sentiment cautious ahead of the US inflation report.

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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.gadgets360.com — the content belongs to Gadgets360 (NDTV).

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