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News Explorer — Bitcoin Nears 2-Month Low Price After ETFs Bleed and Strategy Sells Holdings

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Jun 1, 2:24 pm
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Bitcoin Nears 2-Month Low Price After ETFs Bleed and Strategy Sells Holdings

Bitcoin's price dropped to a two-month low of $71,479 following mass ETF outflows and a $2.5 million sale by Strategy. The recent 7% decline in the last week brought it to a level not seen since April, with $3 billion in outflows contributing to the slide.

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