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On Tuesday (May 21), bitcoin (BTC) declined by 0.80%. Partially reversing a 5.97% rally from Monday (May 20), BTC ended the session at $69,639. The US BTC-spot ETF market saw total net inflows of $237.2 million on Monday (May 20). Significantly, the BTC-spot ETF market reported total net inflows for the sixth session. However, flow data for Tuesday (May 21) ...
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Bitcoin price gained pace for a move above the $70,000 level. BTC even spiked above $71,200 before the bears appeared near $72,000. A new weekly high was formed at $71,896 and the price recently started a downside correction. The price declined below the $71,000 level and the 23.6% Fib retracement level of the upward wave from the $66,047 swing low to the ...