Altcoins Outperform Bitcoin Amid ETF Outflows and Low Trading Volume

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The CoinDesk 80 index, tracking a broad range of altcoins, rose approximately 3% over 24 hours. This gain was more than double that of the major-coin-focused CoinDesk 5 index. Meanwhile, U.S. spot bitcoin exchange-traded funds collectively saw net outflows of $681 million last week. The rally occurred as bitcoin's price remained below $83,500 and overall trading activity was described as thin.

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