Bitcoin dips to $77,900 as Binance outflows reach $3.6 billion

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Bitcoin slipped about 0.4% to roughly $77,900 in the hours since midnight UTC. The decline came as Binance customers withdrew a net $3.64 billion after the exchange reopened withdrawals. Spot bitcoin ETFs also saw outflows of $643 million over the same period. The article attributes the price pressure to these large capital movements out of the exchange and ETF products.

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