BTC Slides Below $80,000 as ETF Outflows Put Rally on the Line
Bitcoin fell under $80,000 late Wednesday in New York, changing hands at $79,371. A higher U.S. inflation print and more outflows from U.S. spot bitcoin funds pressured the token toward the bottom of its latest range. It dropped 1.6% for the session after reaching as high as $81,276, with lows near $78,762.