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Up 4% over the last seven days, Bitcoin came within $500 of breaking its all-time high this week, though it has since fallen back down below the $70K level. At the same time, we’ve seen enormous ETF flows, topping out at $893M on Wednesday.
But the past couple days have seen corrections across the board after market sentiment reached “extreme greed” on Thursday. With the election right around the corner, it makes sense that the market would take a break and look to derisk, especially given how tight the race remains.
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