Bitcoin’s (BTC) price plunged below $57,000 over the past 24 hours as Bitcoin spot exchange-traded funds (ETFs) bled assets under management. According to CoinMarketCap data Bitcoin is trading under $53,400 at the time of writing after losing 4.8% over the last 24 hours. Trading volume has also seen a significant uptick, with nearly $45 billion changing hands over the last 24 hours. Record outflows hit Bitcoin ETF market Farside Investors data shows that on Sept.

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