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Citigroup Blames Bitcoin Crash On ETF Outflows Not Strategy’s BTC Sale

Citigroup analysts have weighed on the potential reasons for Bitcoin’s recent crash. They noted that the market had to do more with the continued spot Bitcoin ETF outflows than Strategy’s BTC sale last week. Ad Ad Overview of Strategy’s Bitcoin Sale The comments follow Strategy’s sale of 32 BTC for about $2.5 million, which occurred

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