Bitcoin Price Drops to $65K After BlackRock Bitcoin ETF Sees $32.99M Outflow

The post Bitcoin Price Drops to $65K After BlackRock Bitcoin ETF Sees $32.99M Outflow appeared first on Coinpedia Fintech News Bitcoin fell sharply below $65,000 today after the latest U.S. Producer Price Index (PPI) came in higher than expected, putting pressure on risk assets. The weak sentiment also hit spot Bitcoin ETFs, which recorded a net outflow of $27.5 million. BlackRock Bitcoin ETF led the outflow with $32.99 million, as BTC erased all its recent gains. …