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Bitcoin, Ethereum, Dogecoin Trade Lower As ETF Outflows Build Pressure: 'Short-Term Regression Downtrend, But With Bullish RSI Divergence'


Cryptocurrency markets trade lower as Bitcoin ETFs experience a $37.2 million net outflow, marking the sixth consecutive day of outflows. Bitcoin and Ethereum's prices fell by 2.8% and 2.9% respectively, while large transaction volume and exchanges' netflows decreased. Additionally, September has historically been Bitcoin's worst month for average returns, averaging 4.4% over the past 12 years.

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