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Bitcoin price holds $76K as ETF outflows put $75K support in focus

Bitcoin price holds $76K as ETF outflows put $75K support in focus
AI summary

Bitcoin has edged back above $76,000 on Nov. 7, but weak daily momentum and another $411.9 million in U.S. spot ETF withdrawals have left its recovery close to a key weekly support level. Traders are watching whether the $75,000 support holds, since a break below it could extend the pullback driven by persistent ETF outflows.

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