Bitcoin, Ethereum, and XRP prices declined as the market sentiment turned bearish following robust U.S. GDP data and significant ETF outflows. The U.S. economy grew by 4.3% in the third quarter, prompting investors to shift towards safer assets. Last week, crypto funds experienced $952 million in outflows, with Ethereum accounting for $555 million and Bitcoin ETFs losing $460 million. Despite the downturn, analysts maintain a positive long-term outlook as recession concerns diminish.
Crypto Prices Decline as Strong U.S. GDP Data Spurs ETF Outflows
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