Bitcoin’s value fell over 2.7% to $57,500 on Tuesday, reversing Monday’s bounce. The losses got here after the U.S. ISM manufacturing PMI printed beneath 50, indicating a continued contraction within the exercise in August. The info revived development fears, weighing over danger property, together with cryptocurrencies.
Bitcoin ETFs Bleed $287M, Largest Day by day Outflow in 4 Months
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