Bitcoin Bounces Back From 6-Week Low Despite $1B ETF Exodus

Image: Cryptonews
Bitcoin bounced back above $78,000 just now after hitting a six-week low, even as U.S. spot Bitcoin ETF sheds $1.16 billion across three trading sessions. The recovery came as daily withdrawals slowed sharply, giving BTC buyers room to push back after a steep selloff following the expected Democrats’ congressional win . BTC climbed to $78,500, recovering from its overnight plunge as crypto markets rallied alongside U.S. stock futures. The rebound followed a difficult stretch for Bitcoin, with security concerns and political uncertainty weighing on investor sentiment. Bitcoin (BTC) 24h 7d 30d 1y All time The latest Bitcoin ETF figures show selling pressure easing, but institutional investors have yet to return in force.
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