Bitcoin investors withdrew nearly $570 million from U.S.-listed spot Bitcoin ETFs as Bitcoin's price dipped below $100,000 on January 8. This marked the second-largest daily outflow since the ETFs' inception, with the Fidelity Wise Origin Bitcoin Fund seeing a record single-day outflow of $258.7 million. Despite these liquidations, totaling $521.02 million in the crypto market, sentiment remains in "Greed" territory, according to the Crypto Fear & Greed Index. Analysts attribute the price drop to concerns over potential U.S. interest rate hikes. Bitcoin is currently trading at $94,401.
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