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Bitcoin slips to $83,428 as dollar firms and ETF flows cool
Original: Bitcoin falls 1.22% to $83,428 amid higher crude, elevated dollar, cooling ETF flows
Bitcoin fell 1.22% to $83,428 on Monday, weighed down by a stronger dollar, rising crude oil prices and slowing inflows into US spot bitcoin exchange-traded funds. The pullback reflects a broader risk-off mood in markets, with traders watching whether ETF demand can recover after weeks of momentum that had helped drive the cryptocurrency's recent rally.
Why now: Investors are tracking a notable crypto price drop driven by macro pressures and weakening ETF demand.
BitcoinUS spot bitcoin ETFsMoneycontrol
Evidence
- Bitcoin falls 1.22% to $83,428 amid higher crude, elevated dollar, cooling ETF flows · Moneycontrol.com
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