US Spot Bitcoin ETFs Post $201.9 Million Outflow After Nine Straight Days of Inflows

US spot bitcoin ETFs recorded a net outflow of 201.9 million dollars in the week's final trading session, after nine consecutive days of net inflows. According to Arzdigital, bitcoin's price, which had earlier made an unsuccessful attempt to hold above 80,000 dollars, was trading around 77,500 dollars as the trend shifted. Market analysts attribute the selling pressure mainly to recent remarks by Kevin Warsh, a former Federal Reserve official, at the Jackson Hole symposium, where he said US core inflation remains above the Fed's 2 percent target and needs to return to it more quickly, comments that dampened expectations for near term policy easing. According to CoinGlass data, the 76,500 to 77,000 dollar range is seen as a key support zone for bitcoin.