Bitcoin price nears $97K as spot BTC ETFs see major outflows
Bitcoin price is hovering around $97,000 as heavy exchange-traded fund outflows deepen market pressure. Summary Bitcoin faces sharp outflows and rising U.S.-driven sell pressure. ETF redemptions accelerate as institutions de-risk into year-end. Technical signals lean bearish with key support now under stress. Bitcoin is trading at $97,527 at press time, down 5.5% in the past
