Bitcoin maintained its key support level near $87,000 despite significant ETF outflows totaling $338.81 million, which added downward pressure on the market. Institutional interest remained strong, highlighted by MicroStrategy's acquisition of 10,645 BTC for $980 million. Meanwhile, the U.S. Consumer Price Index (CPI) at 2.7% has fueled hopes for potential rate cuts, while the upcoming January Clarity Act review has bolstered longer-term market sentiment.
Bitcoin Holds $87,000 Amid $338.81M ETF Outflows and Institutional Buying
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