Bitcoin Price Prediction as ETF Outflows Hit Highest Level Since June Amid Strengthening Dollar

Bitcoin (BTC) price is down 1.5% today, October 8, to trade at $82,492 at the time of writing. This drop coincides with rising outflows from spot BTC ETFs as the crypto market’s sentiment weakens. The dip also coincides with a rise in the value of the US dollar to a multi-month high following the hawkish