This article is about blockchain, business, and technology news. Here’s the summary:
Bitcoin investors withdrew nearly $570 million from US-listed spot Bitcoin ETFs after Bitcoin fell below the psychological $100,000 level on January 8. This was the second-highest daily net outflow since launch. The Fidelity Wise Origin Bitcoin Fund accounted for 45% of the day’s net outflow, at $258.7 million.
The Bitcoin price decline was triggered by concerns about the US Federal Reserve tightening monetary policy for 2025. However, the market is still at the “greed” level, according to the Crypto Fear & Greed Index.
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